Understanding the Mexico of todayBetween the 15th and 18th centuries, the relationship of the Philippines and Mexico was akin to our relationship with ASEAN today. Bloomberg forecasts Mexico to be the become the 8th largest economy in the world by 2050 driven by its manufacturing sector. After exchanging pleasantries, I reassured them that the Philippines considers Mexico a strategic partner in trade and that my intent was to paint an accurate picture of the Mexican economy today. Today, our relations with Mexico is no closer than our relationship with Hungary. Mexico, today, ranks 28th among the Philippine’s trading partners.

Source: Manila Bulletin August 07, 2016 14:17 UTC