Deputy Secretary de Rosenzweig and Ambassador Marantis Review TPP Progress

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Press Release No 175/12
Mexico City, August 6, 2012

The Deputy Secretary of Foreign Trade of the Ministry of Economy met with Ambassador Demetrios Marantis, his counterpart in the Office of the United States Trade Representative (USTR), to check on the status of the TPP negotiation process.

Deputy Secretary de Rosenzweig and Ambassador Marantis talked with federal government authorities and private sector representatives to analyze areas of opportunity and potential challenges during the TPP negotiations.

Among the federal government authorities were representatives from the Ministries of Economy, Environment and Natural Resources, Labor and Social Security, Civil Service and Agriculture, Livestock, Rural Development, Fisheries and Food; and from the National Service of Health, Food Safety, and Food Quality (Servicio Nacional de Sanidad, Inocuidad y Calidad Agroalimentaria (Senasica), the Federal Commission for Protection against Sanitary Risks (Comisión Federal para la Protección contra Riesgos Sanitarios or Cofepris), the National Copyright Institute (Instituto Nacional del Derecho de Autor or Indautor), the Mexican Institute of Industrial Property (Instituto Mexicano de la Propiedad Industrial or IMPI), the Federal Competition Commission (Comisión Federal de Competencia or CFC) and the Tax Administration Service (Servicio de Administración Tributaria or SAT).

Later, the two deputies met with private sector representatives from the Coordinator for Foreign Trade Business Organizations (Coordinadora de Organismos Empresariales de Comercio Exterior or COECE), theConfederation of Industrial Chambers of the United Mexican States(Confederación de Cámaras Industriales de los Estados Unidos Mexicanos or Concamin) and the Mexican Business Council of Foreign Trade, Investment and Technology (Consejo Empresarial Mexicano de Comercio Exterior, Inversión y Tecnología or COMCE).

Deputy Secretary de Rosenzweig underlined Mexico's readiness to actively participate in the negotiation process and affirmed that Mexico's participation is and will continue to be in close consultation with the private sector.

Given the already high trade integration between Mexico and the US, the initiative will enhance synergies and further the production of export supply chains to unlock better business opportunities.

The TPP is set to be a driving force for trade, investment and economic growth and the platform that allows Mexico to confront the challenges of the 21st century and hold its position as one of the world's most competitive countries.

With the inclusion of Mexico and Canada, the TPP's share of global GDP would grow to 30 percent, exports to 19 percent and imports to 22 percent.


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