Minister Parker to visit Mexico to promote trade opportunities with entry of CPTPP

Two-way trade with Mexico has been increasing steadily since 2014, and for the year ended June 2018 stood at $839 million.

Minister for Trade and Export Growth David Parker heads to Mexico this weekend for a series of meetings aimed at strengthening trade links with the Latin American nation.

A focus of the visit is to promote new trade opportunities that have opened up with the entry into force of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), New Zealand's first free trade agreement with Mexico.

"As a G20 member and major economy, Mexico is a key partner for New Zealand. I look forward to discussing how New Zealand and Mexico can work together on an inclusive approach to international trade, and where we can deepen our bilateral cooperation, including in agriculture and rural development," David Parker said.

Mexico is our largest goods trading partner in Latin America and the 21st-largest export market. Main exports to Mexico are dairy products, meat, agricultural machinery and energy machinery.

Two-way trade with Mexico has been increasing steadily since 2014, and for the year ended June 2018 stood at $839 million.

"This visit will be an opportunity to consolidate New Zealand's relationships with the new Mexican administration and to explore new commercial opportunities under the CPTPP in areas such as high-quality food and beverage products," David Parker said.

He will visit Mexico City and Guadalajara where he will meet senior political representatives, civil society, media, and business representatives.

(With Inputs from New Zealand Government Press Release)