With regard to the industrial sector, the focus has been on the economic complementarity between the two countries, whose success is the Mexican automotive industry, where Japan provides significant inputs and significant investment flows, while Mexico provides highly skilled human capital and a region that serves as a platform for global exports. On 21 February 2011, Japan and Mexico held the sixth meeting of their joint committee. The Deputy Ministers confirmed the conclusion of consultations aimed at improving market access for agricultural products and accelerating tariff reductions for certain industrial products. They also agreed to introduce new disciplines into the EPA. The protocol amending the Economic Partnership Agreement between Mexico and Japan was signed in Mexico City on 22 September 2011. The agreement between Japan and the Mexican United States to strengthen the economic partnership came into force on April 1, 2005. Already in 1999, Japan established a committee for closer economic relations between Japan and Mexico as part of the Japan Trade Organization. The body published a report in 2000 concluding that a free trade agreement would be an effective way to strengthen economic ties between the two countries. On 5 June 2001, the President of Mexico and the Japanese Prime Minister established a bilateral commission composed of academics and members of the public and private sectors. The Japan-Mexico Joint Task Force on Strengthening Bilateral Economic Relations examines and studies measures to strengthen Japan-Mexico trade and investment relations and to explore the appropriateness of a free trade agreement between the two countries. The meetings were held seven times. [T]he trade and investment liberalization and free movement of people for trade between Japan and Mexico are a trade liberalization.
The agreement also aims to promote a comprehensive economic partnership including competition policy measures, improving the business environment and bilateral cooperation in areas such as vocational education and training and support for small and medium-sized enterprises. The agreement helps to strengthen the economic complementarity between Japan and Mexico and thus strengthen bilateral economic relations. Following the collapse of the World Trade ORGANIZATION (WTO) Ministerial Conference in Cancun, the lack of progress on the Doha Agenda and the relative explosion of bilateral free trade agreements negotiated around the world, Japan has reviewed its trade strategies and policies and has for the first time expressed its intention to pursue bilateral and multilateral trade agreements.