1. On the morning of December 8, Minister of Foreign Affairs Park Jin had a meeting with Minister of Foreign Affairs of Mexico Alicia Bárcena Ibarra, who was on a visit to Korea from December 7 to 10. In the meeting, the two sides discussed Korea-Mexico relations, substantive cooperation and cooperation on the international stage.

2. The Korea-Mexico Foreign Ministers’ meeting came merely about one month after the one held on the sidelines of the Asia Pacific Economic Cooperation (APEC) Summit in San Francisco on November 15. Foreign Minister Bárcena was visiting Korea for consultations with the Korean government and companies for an early securement of emergency recovery supplies in the wake of Hurricane Otis that hit Acapulco, Mexico, in late October.

3. Foreign Minister Park once again extended consolation over the damage from the hurricane. Citing the Mexican proverb that “Desgracia compartida, menos sentida (Two in distress makes sorrow less),” the Foreign Minister stated that Korea will cooperate closely for Mexico’s prompt securement of recovery supplies. Foreign Minister Bárcena responded by conveying deep appreciation.

4. Foreign Minister Park brought attention to the fact that Mexico, with which Korea marked the 60th anniversary of the establishment of diplomatic relations last year, is the first Latin American country with which Korea has forged strategic partnership. He went on to note with appreciation that close cooperative ties between the two countries are continuing to develop on the basis of their long-standing friendship demonstrated by many young Mexicans having joined efforts to safeguard liberal democracy of Korea during the Korean War, among others.

5. In particular, Foreign Minister Park, citing the trade volume between Korea and Mexico -- the former’s largest trading partner and second-largest investment destination in Latin America -- that exceeded US$20 billion last year for the first time, looked forward to closer cooperation in trade and investment with Mexico, a key beneficiary of global nearshoring. He added that, to that end, it is important to resume Korea-Mexico FTA negotiations as well as those for Korea’s accession to the Pacific Alliance (PA) as an associated state, asking for Foreign Minister Bárcena’s keen attention and cooperation in that regard. Foreign Minister Bárcena responded that utmost efforts will be made to resume Korea-Mexico FTA negotiations and to facilitate Korea’s accession to the PA as an associated state.  

6. Foreign Minister Bárcena welcomed the participation of Korean companies with outstanding technologies and experiences in the Olmeca refinery facility project (a.k.a. the Dos Bocas project), President Lopez Obrador’s signature project, and looked forward to Korean companies’ active participation in Mexico’s project to construct an Inter-Oceanic Corridor.

7. The two Foreign Ministers agreed to strengthen MIKTA cooperation based on such common values as freedom, democracy and human rights. With regard to the situation on the Korean Peninsula, the two sides agreed to continue joint efforts to induce North Korea to halt provocations and return to denuclearization negotiations in line with the Korean government’s “Audacious Initiative.”

8. On the heels of their meeting, the two Foreign Ministers had a Korean-style luncheon, over which they had a candid conversation on political and social affairs, economy, culture, and various other areas -- Korea-Mexico defense cooperation, including honorable treatment of the U.S. Korean War veterans of Mexican origin; the potential for Korea-Mexico economic cooperation amid the nearshoring trend; women’s participation in political and economic affairs in Mexico; and the popularity of Hallyu (Korean Wave) in Mexico and Koreans’ interest in rich Mexican culture. By doing so, the two sides further enhanced the Korea-Mexico friendship.