DFA chief off to Mexico

MANILA, Philippines - Foreign Affairs Secretary Albert del Rosario will be in Mexico tomorrow to revisit the relations between the Philippines and Mexico and chart its future directions.

The Department of Foreign Affairs said yesterday the visit will be made upon the invitation of Mexican Foreign Minister Patricia Espinosa.

The establishment of a Joint Commission on Bilateral Cooperation that will steer the bilateral relations to a strategic level will be taken up during the meeting.

Both Mexico and the Philippines are among the “Next 11” emerging economies after the BRIC (Brazil, Russia, Indonesia, China). The N-11 were cited by global investment banking firm Goldman Sachs that have a high potential to surpass today’s major markets, and even perhaps join the largest economies in the world.

Del Rosario will discuss trade opportunities and high-growth sectors of the Philippine economy where Mexican companies can invest.