Mexico wants better access to Japanese market
07/05/2009
A meeting of Japanese and Mexican officials in Tokyo to discuss the free trade agreement between the countries has ended successfully. But Mexico's assistant external trade secretary, Beatriz Leycegui, said at the end that the trading partners still needed to find a way of giving a number of her country's key industrial sectors, including leather and footwear, easier access to the Japanese market.
The free trade agreement has been in place since 2005 and, in that time, Mexico's exports to Japan have increased across the board by 74%. In 2008 alone, Mexico registered a 20% growth in its exports to the Asian country. Trade between the two is now worth $20 billion a year.
Nevertheless, Ms Leycegui said leather and footwear was one of a number of industries (another is livestock) that needed better conditions of market access in Japan.
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