The Secretary of
Economy, Ildefonso Guajardo Villarreal, concluded its participation at the Meeting
of Trade Ministers of the Trans-Pacific Partnership Agreement (TPP, for its
acronym in English), held in Maui, Hawaii, from 28 to July 31, 2015.
After a week of
productive meetings, the ministers of the 12 countries, participants in the
TPP, made substantial progress in most of the outstanding issues in the
negotiations. The ministers also agreed to continue working on the small number
of outstanding issues in the coming weeks, in order to seek to conclude the TPP
negotiation process as soon as possible.
meetings, the Secretary Guajardo reiterated the importance of continuing to
seek synergies to achieve substantial progress on issues of high complexity,
particularly in specific areas of critical interest to Mexico on market access
for goods, rules of origin and intellectual property. To this end, the
Secretary called on countries involved in these issues to exercise their
leadership to find solutions, indicating that Mexico will do its part.
In the framework of
this meeting, the Secretary of Economy held bilateral working meetings with
their counterparts from Australia, Canada, Chile, United States, Japan, New
Zealand and Vietnam, among others, with whom he exchanged points of view in
order to solve the pending issues in the negotiation.
meeting was preceded by intense meetings of technical groups, which began on
July 23, 2015 and will continue through August 3rd.
The TPP is a
platform to promote trade and encourage the commercial integration of Mexico in
the Asia-Pacific region, which represents one of the most dynamic and fastest
growing industrial parks in the world.
The 12 member
countries of the TPP participate with 36% of the global Gross Domestic Product,
25% of trade, 28% of attracting Foreign Direct Investment (FDI) and 11% of the
world population. In itself, this initiative is an important engine for the
economic development of its members.
Mexican productive sector through the so-called "Room Next Door" has
been fundamental in pointing out interests and / or sensitivities of the
sectors involved and ensure that they be considered in developing the
positioning of Mexico.
Currently, the TPP
has 12 members: Australia, Brunei Darussalam, Canada, Chile, United States,
Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.