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Director
Nichiboku
My name is
Luis Alberto Fing Quintana,
I established
Nichiboku Ltd. with the aim to do business
between Mexico and Japan. Leading this company
from october 2002, working straight and hard
to achieve our goal which is to joint both
nations by running out commercial activities.
I'm graduated in Mexico from ITLM (Instituto
Tecnológico de los Mochis ) as
an Industrial Chemical Engineer, also getting
my master degree in March 2000 in International
Commerce at Kansai
University Graduate School.
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I've been living in Japan
for more than 11 years and getting along with Its
culture, which is quite different compared with the
western style.
Even
if we say that japanese and mexican culture are quite
different, it does not mean that between both countries
does not exist common relations.
Historically, Mexico and
Japan have always been a great partner, since their
embassies begun the bilateral friendship and commercial
agreement in 1882 in Washington USA. this agreement
was suspended temporally from February 1883 to November
1887, and finally concluded on November 30 of 1888.
Being Mexico the first Country which joined to Asian
countries by frienship and comercial agreement.
Later on Japan began to be participan
in the Mexico's economics, society and culture, due
to the first 35 japanese migrant to Mexico in 1897.
Mexico-Japan EPA
We have heard recently a lot of topics about the Mexico-Japan
FTA. Japan and Mexico agreed to speed up free trade
talks but further compromise is needed to strike a
deal in time for their self-imposed deadline in this
year.
Ones of the obstacle to makes difficult the FTA to
move forwar at this moment, it comes into the Agriculture
and farming sector which is where Mexico has concentrated
almost its commercial activities.
Japan reportedly wants to exempt pork and leather
products from the free trade agreement to protect
domestic industries while Mexico wants the total abolition
of tariffs within 10 years. Discussions will continue
on trade of goods, including two key issues, pork
and leather products, but we hope a satisfactory results
for thi issue.
If concluded, it would be Japan's second free trade
pact after the signing of an accord with Singapore
in January last year, removing import and export tariffs
on 98 percent of goods traded between the two nations.
But the Japan-Singapore deal avoided
the sensitive issues of agriculture and fisheries,
both of which are heavily protected in Japan.
Japanese Prime Minister Junichiro
Koizumi agreed to begin free trade talks with Mexico
last October after he attended an Asia-Pacific Economic
Cooperation (APEC) summit in the Mexican resort city
of Los Cabos.
For both countries, this
agreement represents an ambitious initiative to deepen
and widen their economic relationship. Japan's seeks
to achieve parity with the United States and the European
Union on its access to high technology products in
the Mexican market (benefiting from tariff reductions,
which currently are at a level of 16%). Mexico will
benefit from enhanced Japanese investments in small
and medium businesses which would help strengthen
supplier chains in the automotive, electric and electronic
industries, among others.
In addition, Mexican exporters
would gain a market of 127 million consumers, as well
as increasing opportunities in the foodstuff sector.
Japan is Mexico's third largest trading partner, as
well as its fourth most important source of Foreign
Direct Investment
(FDI). Currently, 97% of Japan's FDI concentrates
on manufacture of which, 86 percent goes to the automotive
sector.
In 2002, Mexico imported
US $8 billion in Japanese goods and exported products
worth $623 million. However, since Japan's share in
Mexico's total trade has decreased over recent years
from 3.9 percent in 1993 to 2.7 percent in 2002 and
Mexico's share in Japan's total trade represents only
0.8 percent, this comprehensive initiative must inspire
Mexico to move up the ladder and become a key -trading
partner for Japan.
That We mention before,
both sides have recognized its sensitivities in the
agriculture sector but also the great opportunities
that can be generated by the complementary nature
of their agriculture sectors. Elimination of Japan
tariffs on Mexican agricultural products will enjoy
access to one of the world's most demanding markets.
Mexico is already a leading supplier of fish and seafood
to Japan. In the last three years, almost 100 tons
of shrimp and lobster harvested along the Pacific
Coast of Baja California found their way to Japan.
Mexican tuna and tuna products are also highly appreciated
by Japanese consumer.
This
agreement will be one of the most important trade
policy initiatives of Fox's administration. Set for
conclusion by 2003, the Mexico-Japan FTA will be the
centerpiece of a new and prosperous partnership with
the biggest economy in Asia, and it will provide a
foothold in that rapidly growing region for the twenty-first
century.
Nichiboku ltd invites
you in advance preparetion, to get ready into the
japanese market, offering you a Marketing Promotion
and International Trading services.
Nichiboku Ltd has
the experience to participate in International Commerce
Exhibitions held all around Japan, for this reason
allow me to describe about the mexican-japanese marketing
situation, focus on the promotion of mexican products.
