PH inks Air Services Agreement with Mexico 

 Ambassador Demetrio R. Tuason (left)  and H.E. Jorge Arganis Díaz Leal (right), Mexican Minister of Infrastructure, Communications and Transport (SICT), signed the Air Services Agreement between the Government of the Republic of the Philippines and the Government of the United Mexican States in Mexico City on 14 December 2021.(Photos from Mexico PE)

MEXICO, 20 December 2021 – Ambassador Demetrio R. Tuason and Mexican Minister of Infrastructure, Communications and Transport Jorge Arganis Díaz Leal signed the Air Services Agreement between the Government of the Republic of the Philippines and the Government of the United Mexican States in Mexico City on 14 December 2021.

The agreement aims to modernize the existing Air Transport Agreement between the two countries which was signed on 21 November 1952, and entered into force on 03 December 1952.

Both sides are optimistic that the agreement will improve connectivity between the Philippines and Mexico, particularly in terms of trade, tourism, and people-to-people exchanges.

In 2020, Mexico ranked as the Philippines’ 24th trading partner (out of 225) with total trade amounting to USD 660 million, making it the second largest trading partner of the Philippines in Latin America next to Brazil.  The balance of trade has been in favor of the Philippines since 2015.

In the same year, Mexico was the Philippines´ third largest tourism market in Latin America, following Brazil and Argentina.  Due to the COVID-19 pandemic, there was a significant decrease in tourist arrivals from Mexico from 5,154 in 2019 to 983 in 2020.  END.

For more information, visit https://mexicope.dfa.gov.ph/   and https://web.facebook.com/PHinMexico 

The agreement aims to modernize the existing Air Transport Agreement between the two countries which was signed on 21 November 1952 and entered into force in 03 December 1952. (Photos from Mexico PE)