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The Future of Asia 2018

Mexico optimistic about kicking off TPP 11 this year

First country to ratify the trade deal has benefited from open economies, secretary says

Mexico's economy secretary, Ildefonso Guajardo, speaks about trade's importance for emerging economies in Tokyo on June 11. (Photo by Maho Obata)

TOKYO -- Mexico's economy secretary said on Monday that his country remains committed to multinational trade relationships, including with Asian countries, that it sees as important for growth.

"Mexico was the first country to ratify" the so-called TPP 11, said Ildefonso Guajardo at the Future of Asia conference. "We hope that before the end of the year we will have the six countries required" for the pact to enter into force.

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