September 27, 2019
Relations between Mexico and Germany are founded on strong economic ties. Germany is Mexico’s third-largest trading partner and our number one in Europe, but trade, investment and tourism interests aside, the technological capacity of these two nations is what lends this relationship its uniqueness.
The governments and private sectors of both Mexico and Germany are eager to keep abreast of new industrial developments and this is reflected in the bilateral economic agenda. It is now paramount that we take our relationship to the next level by promoting not just continued growth in productive investment, but innovation and education.
Efforts to promote bilateral trade and investment take into account the challenges and opportunities inherent to new industrial processes like Industry 4.0 and artificial intelligence. They are also a response to the need to embrace the global industrial trends of the 21st century and make the necessary adjustments in terms of technology, innovation and the training of our respective workforces. The governments and industrial sectors of both countries are aware of the importance of properly weighing up said challenges and opportunities, and taking actions geared toward improving the quality of life of their citizens.
On October 9-11, government and private-sector representatives will meet in Mexico, which, in itself, is a sign of just how close relations between Mexico and Germany are, not to mention their capacity to respond to the changing face of global industry. October 9 marks the opening of Industrial Transformation Mexico (ITM) in León, Guanajuato. Geared toward promoting investment and know-how in Industry 4.0—German and international—, this is the very first edition of Hannover Messe in Latin America. The German edition of the fair is the most prestigious in the world and its Latin American equivalent acknowledges Mexico’s leadership in the promotion of new industrial processes in the region.
ITM will bring together leading industrial organizations from Mexico and Germany, and some of the most prominent business leaders of both nationalities. The Mexico-Germany CEO Dialogue is a new addition whose format is designed to facilitate dialogue and that is spearheaded in Mexico by the CCE, Concamin and Coparmex, lending a fresh perspective to the agenda for the promotion of trade, investment, technology and education. Mexico’s business organizations will sit down with the Federation of German Industries (BDI), the main industrial guild in Europe, to identify the best opportunities for German investment and joint strategies to foster transfers of technology and innovation and educational exchanges.
Industry 4.0 is central to the Mexican government’s dialogue with Germany on economic issues and the Ministry of the Economy is in constant communication with its German counterpart. As an Industry 4.0 heavyweight, Germany is an invaluable ally to Mexico in this area.
The programs announced recently by Secretary Graciela Márquez for the development of the IT industry and to boost the productivity and competitiveness of Mexican industry stand to benefit enormously from German capacities.
The industrial sector is a lynchpin of the economic relationship between Mexico and Germany. At the Mexican Ministry of Foreign Affairs and the Mexican embassy in Germany, our new mandate on economic promotion clearly prioritizes programs and projects to improve the efficiency and competitiveness of our industry, and that translate into more and better opportunities for our citizens. This is the goal of the activities programmed for October and that we support unreservedly from Berlin.
Register for Industrial Transformation Mexico free of charge prior to October 8 at https://industrialtransformation.mx/
*Mexican ambassador to Germany