Mexico and South Korea Aim to Strengthen Trade Ties
The governments of Mexico and South Korea held a meeting with the objective of promoting greater integration in the production chains of both countries.
Luis Rosendo Gutiérrez Represents Mexico in APEC Ministerial Trade Meeting
Luis Rosendo Gutiérrez, Undersecretary of Trade External Relations at Mexico’s Secretariat of Economy, represented Secretary Marcelo Ebrard Casaubon in the APEC Ministerial Trade Meeting held in Jeju, South Korea.
High-Level Meetings and Key Discussions
During the visit, which took place from May 13 to 17, Gutiérrez participated in more than 13 high-level meetings. He engaged in discussions on innovation in artificial intelligence for trade facilitation and sustainable prosperity through commerce.
- A noteworthy meeting was with Karan Bhatia, Google’s Global Vice President.
- He also attended bilateral meetings with delegations from Singapore, China, Japan, and South Korea to strengthen economic ties and cooperation.
Upcoming Meeting in Seoul and Focus on Integration
Gutiérrez will meet with South Korea’s Minister of Trade, Inkyo Cheong, accompanied by Ambassador Carlos Peñafiel, in Seoul. The meeting aims to push for greater integration in value chains, encourage technology transfer, and facilitate the exchange of specialized products between both nations.
Engaging with Korean Companies and Investors
Following the meeting, Gutiérrez will engage with over 20 Korean companies and investors interested in expanding their production and operations to Mexico. The objective is to share the vision and goals of Plan México, coordinate efforts in attracting investments, and diversify trade and economic risks.
Key Questions and Answers
- Who is Luis Rosendo Gutiérrez? He is the Undersecretary of Trade External Relations at Mexico’s Secretariat of Economy, representing the country in international trade meetings.
- What is the APEC Ministerial Trade Meeting? It is a gathering of trade ministers from Asia-Pacific Economic Cooperation (APEC) member economies to discuss trade issues and cooperation.
- What are the main objectives of this meeting between Mexico and South Korea? The goals are to strengthen trade ties, promote integration in production chains, encourage technology transfer, and facilitate the exchange of specialized products.
- What is Plan México? It refers to the strategic plan by the Mexican government to attract foreign investments, diversify economic risks, and promote sustainable development.
