President Enrique Peña Nieto said today that the twelve countries, including Mexico, working on the Trans-Pacific Partnership Agreement (TPP), the most ambitious trade initiative in the world, signed a joint declaration here to work towards achieving this agreement later this year.
"This is a goal we have set, which is why we have urged our representatives and officials at the Secretariat of Economy, who are working on negotiations, to expedite this process," he explained.
President Peña Nieto said that during his tour of Indonesia, he achieved the objectives of making an official visit, taking part in the 21st Leaders’ Summit of the Asia-Pacific Economic Cooperation Forum (APEC) 2013, and holding bilateral meetings with various leaders. He also attended the first meeting of the Heads of State participating in the creation of the TPP since this initiative was launched in 2011.
He stated that in this context, "The commitment, will and interest of the countries forming part of this TPP negotiation to conclude negotiations as soon as possible was confirmed." The meeting, he added, will make it possible to update the terms and negotiations being conducted, as well as the position of various parties regarding what has been accomplished. The attendees pledged, "To achieve this agreement as soon as possible, especially as regards the goal we have set of reaching the agreement this year if possible."
In a press statement, in which he summarized the objectives achieved during this international tour, the president said that within the framework of the official visit to Indonesia, MOU were signed for different purposes, such as boosting tourism, updating the framework to avoid double taxation and enable foreign trade banks in both countries to support small and medium enterprises in the two countries in order to achieve greater trade and increasing the presence of Mexican products in Indonesia.
"All this is taking place during the 60th anniversary of the establishment of diplomatic relations between Mexico and Indonesia. I think that was a positive encounter, particularly since it was also the only meeting of this kind held during the organization of the APEC meeting, here in Indonesia," he added.
The President stressed that during the 21st Summit of APEC Leaders, the 19 countries and 21 economies comprising the forum pledged to continue promoting free trade in the world. He emphasized, "The conviction we all have that through free trade, we can really boost further economic growth and generate more jobs."
He said that, "We have been insisting on liberalizing trade, eliminating barriers and preventing borders to enable Mexico products to have a greater presence in other places and other countries."
The president said that during this international tour, bilateral meetings were also held with the leaders of Indonesia, Australia, South Korea, Peru, Chile, Singapore together with informal meeting with the leaders of China and Russia.
He noted that some of these countries are similar in terms of the size of their economies and because they are emerging countries on the path to growth. "These countries, known as MIKTA (Mexico, Indonesia, Korea, Turkey and Australia), are experiencing a boom. Some of them have had significant growth, particularly since the economic crises they suffered in 2008, and have driven structural reforms that have placed them on the path to growth," he added.
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