President Enrique Peña Nieto’s State Visit to the Philippines, the first since 1962, reflects the excellent moment in Mexico-Philippines bilateral relations.

During this state visit prior to the Asia - Pacific Economic Cooperation Forum (APEC), the following agreements and initiatives were achieved:

• An agreement to avoid double taxation and thereby facilitate trade and financial transactions between the two countries.

Greater cooperation in tourism in areas such as research, development and education and training and investments in promotional programs.

• In security, best practices and information were exchanged to jointly combat drug trafficking.

The Mexico-Philippines Plan of Action will be established as a roadmap for deepening bilateral relations.