February 5, 2020
Japan and Mexico celebrate 15 years of growing economic partnership
According to Yasushi Takase, ambassador of Japan to Mexico, “The EPA between Mexico and Japan, which came into effect in 2005, has caused tremendous growth in trade between the two nations.”
Due to Mexico’s strategic location and its strong labor force, businesses were able to expand in the nation. “Mexico holds a key locational advantage with a border spanning 3,150 kilometers with the USA, and an abundant young labor force for manufacturing industries, making the country a highly competitive production base to develop North American markets,” said Kimihiko Inaba, director general of the Japan External Trade Organization.