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Puerto Vallarta News NetworkBusiness News | November 2009 

Mexican FM Calls for Improving Latin America-Asia Integration
email this pageprint this pageemail usHan Jingjing - Xinhua
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November 25, 2009



Mexico's Foreign Minister Patricia Espinosa
Mexico City - Mexico's Foreign Minister Patricia Espinosa called Tuesday for improving the integration between nations of Latin America's Pacific coast regions and their cooperation with Asian countries to fight the global economic crisis.

Nations of Latin America's Pacific coast enjoyed "a strategic advantage, which we must use to boost competitiveness and growth of our economies and to reach the full and just development that our societies aspire to," said Espinosa during the opening session of the fifth Latin American Pacific Arc Forum in Puerto Vallarta, a coastal resort in Mexico's west-central state of Jalisco.

The rise of the Asia Pacific Rim economies has offered unprecedented opportunities for countries in Latin America and the Caribbean to boost their own growth and to overcome the current economic crisis, Espinosa explained.

Mexico believes that nations of Latin America's Pacific coast regions can better communicate with their Asian counterparts by strengthening their integration, said Espionosa.

She also called on all participating Latin American countries to enhance competitiveness so as to attract investment from Asian countries.

Representatives attending the forum are from Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Mexico, Nicaragua, Panama and Peru.




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