· President Enrique Peña Nieto received Her Excellency Mrs. Park Geun-hye, President of Korea, at the National Palace.

·  Mexico and Korea established diplomatic relations in 1962. The past 15 years have seen a rapprochement, especially following the entry into force of the Strategic Partnership for Shared Prosperity in 2005. 

·  “In the person of President Park Geun-hye, Mexico receives the noble Korean nation, a people to which we are bound by close ties of friendship and solidarity, cooperation and joint work.”

·  ”Mexicans value and recognize Korea’s tenacity and commitment, in becoming, in less than three decades, one of the most modern, dynamic and developed economies.”

·   Bilateral Relations

-  In 2000, total trade was $4 billion USD; by 2015, it was practically $17.5 billion USD. Its annual investment in Mexico has increased by a factor of 24 during the same period.  

-   Korea is Mexico’s sixth largest trading partner and the second largest source of investment from Asia. 

- Mexico is Korea’s largest trading partner in Latin America, and one of the top 10 destinations for Korean products. 

-  There are more than 1,700 companies of Korean origin in Mexico, which contribute to job creation, regional development, technological progress, productivity and, above all, the creation of value in Mexico.

-  Tourism is growing rapidly; in 2015, more than 90,000 Korean visitors arrived in Mexico, twice the number in 2012. 

-  Mexico and Korea have a strategic partnership with solid bilateral ties, which, together with the coincidences at the multilateral level, are reflected in the global agenda. 

- Korea and Mexico are both APEC members and co-leaders of MIKTA, comprising the following rising nations: Australia, Indonesia, Turkey, Korea and Mexico.

· “Your administration, President Park, is renewing the validity of this successful model of development, and we are confident that by promoting a new 'era of hope', your government will be remembered as the second miracle of the Han River.”

"We acknowledge your leadership in promoting structural reforms and public policies to promote the new creative economy, and support the talent of young entrepreneurs.” 


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