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Joint Statement Recommending an Early Commencement of Negotiations
Leading to a Free Trade Agreement
between Japan and Mexico



The 23rd Japan-Mexico Businessmen's Joint Committee Meeting

Mexico City
Monday, 10th April, 2000

  1. The 23rd Japan-Mexico Businessmen's Joint Committee Meeting was held by COMCE and Keidanren, with thカジノシークレット 仮想通貨 入金出金articipation of 120 businessmen from the Mexican side and 70 from the Japanese side, in Mexico City on Monday, 10th April, 2000. The two delegations discussed, among other things, thカジノシークレット 仮想通貨 入金出金ossibility and advantages of a free trade agreement (FTA) between Japan and Mexico.

  2. Thカジノシークレット 仮想通貨 入金出金remise of the discussion was that an FTA between the two countries should be a comprehensive one, which would include tariff elimination as well as rules on investment, government procurement, anti-dumping and intellectual property, together with effective dispute settlement mechanisms. During an active exchange of views, the two sides reaffirmed the following points.

    Firstly, an FTA would promote trade relations between the two countries. The effect of this would bカジノシークレット 仮想通貨 入金出金rominent particularly in the export of electronics devices, parts and components from Japan to Mexico.

    Secondly, an FTA would help increase Japanese investment in Mexico. Japanese investors would be benefited by tariff elimination on parts and components imported from Japan for their production. Also important in this light would be rules on thカジノシークレット 仮想通貨 入金出金romotion and protection of investment which lead to a substantial improvement of the investment environment.

    Thirdly, an FTA would encourage Japanese firms to participate in infrastructurカジノシークレット 仮想通貨 入金出金rojects in Mexico by guaranteeing them a level playing field with their competitors in NAFTA and the EU in terms of cost competitiveness.

  3. Based on the above-mentioned findings, both delegations strongly expressed during the discussion that they welcome the on-going talks between both governments for an investment treaty, hoping that it will be highly effective including in particular thカジノシークレット 仮想通貨 入金出金rinciple of National Treatment as to thカジノシークレット 仮想通貨 入金出金ermission for an investment, and a ban on all performance requirements (e.g. local contents requirement, technology transfer requirement, etc.).

    Morカジノシークレット 仮想通貨 入金出金mportant is that both delegations confirmed that they strongly recommend the building of a consensus leading to an early start of negotiations toward a Free Trade Agreement between Japan and Mexico.


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