• Mexico is the 5th most open economy in the G20, but, “We have sought to further expand our network of trade agreements," he said.
• The president declared that during his administration, an FTA has been signed with Panama, a trade agreement has been achieved with the Pacific Alliance, and the TPP negotiations have been finalized.
• “When they come into force, we will have 13 FTA and access to 1.309 billion potential customers in 52 countries,” he said.
During his participation in the G20 Leaders’ Summit working lunch, where the issue of Energy and Commerce was discussed and the Anatalya Statement and Action Plan were issued, President Enrique Peña Nieto said that in the current context of low growth in the global economy, the Group of 20 nations must renew efforts to facilitate and increase trade.
He said that, “The sustained, inclusive economic growth we seek requires more dynamic international trade, as well as sufficient, clean energy at a lower cost,” adding that, “This is what we have done in Mexico.”
He said that although nowadays, Mexico’s total trade accounts for 63 percent of GDP, making it the 5th most open economy in the G20, “We have sought to further expand our network of trade agreements.”
He said that during his administration, an FTA has been signed with Panama, a trade agreement has been achieved with the Pacific Alliance, “And the Trans-Pacific Partnership Agreement (TPP) negotiations have been finalized.”
In his report, he announced that, “When they come into force, we will have 13 FTA and access to 1.309 billion potential customers in 52 countries.”
He explained that the TPP is a new-generation agreement, which includes important chapters such as labor and environmental protection.
The Mexican president welcomed the efforts of the G20 to strengthen global economic growth, which include a renewed commitment to the multilateral trading system and more efficient energy policies to help curb climate change.
Moreover, the Mexican president stressed that the availability of more and better sources of energy and the adoption of more efficient technologies are essential to accelerating economic growth on a sustained basis.
He said that through energy reform, Mexico changed its paradigm, allowing private sector participation across the value chain of hydrocarbons, and virtually the entire electricity sector.
He considered that, “There is a great deal of interest in investing in Mexico, even in a context of lower oil prices,” since this structural reform established the conditions for increasing energy production, processing and distribution of energy in a transparent, efficient, competitive and sustainable manner.
He also noted that through the use of cleaner energies such as natural gas, from 2012 to 2015, the Federal Electricity Commission has reduced its emissions by 57 percent.
In addition, he explained that Tax Reform placed a tax on to fossil fuels according to their carbon content, and has not only removed the subsidy on gasoline, but Congress approved a flat tax scheme for these fuels, eliminating the possibility of providing subsidies in the future.
The working lunch for heads of state and government was the last activity in the G20 Leaders’ Summit, during which the Antalya Press Statement and Plan of Action were adopted. He congratulated Turkey on its leadership as Chairman of the G20, and wished China, which now assumes that responsibility, every success.
He said that Mexico welcomes the adoption of the Antalya Statement and Plan of Action, which confirms the G20’s commitment to raising economies’ growth and potential.
“We are also encouraged by the agreements to boost economic policies that promote equality and social inclusion,” he said.
President Enrique Pena Nieto also welcomed the G20 commitment to ensuring that at COP-21, to be held in Paris, the foundations for a new binding global framework to tackle climate change will be agreed.