• Short Summary

    Mexican President Lois Echeverria will visit Japan next week (Feb. 9-14) for talks which are expected to boost trade relations between the two countries.

  • Description

    Mexican President Lois Echeverria will visit Japan next week (Feb. 9-14) for talks which are expected to boost trade relations between the two countries. The visit, at the invitation of Emperor Hirohito, comes at a particularly interesting time for both sides.

    Ever since the United States imposed a 10 percent surcharge on imports last summer Mexico, which regularly sands 70 percent of its exports to the United States, has been keen to develop new foreign markets. Japan, on its side, is anxious to develop its status as Mexico's second largest trading partner. Mexico recently established itself as unofficial industrial leader among the Central American countries - countries which also interest the Japanese. Mexico has also started looking towards the People's Republic of China as a possible future trading partner which some home economists believe could eventually take Japan's place. Against this background the Mexican President's invitation to Japan is thought likely to bring new Japanese investment in Mexico, and perhaps lead to new Japanese trade initiatives in Central America.

    This Visnews film, shot by Tony Halik, shows the Japanese trading community at work and "at home" in various Mexican settings: a cowboys' club, showrooms, factories; and visiting docks and a shrimp-packing factory - two industries where Japanese investment is though likely.

    SYNOPSIS: Typical Mexican horsemen enter a ring....
    ....and typical Japanese women applaud in delight.....

    This cowboy club is just one way in which Mexicans and the country's vigorous Japanese treading community meet off duty
    Many people in the Japanese colony were born in Mexico, of immigrant parents.

    They're as much at home at a rodeo as Mexicans, and join in the dangerous sport of cattle taming.

    But even those born in Mexico and so legally Mexican citizens keep their Japanese language, dress, and customs, while mixing easily, and on equal terms with those of Mexican heritage.

    In Mexico City and throughout the country these Japanese have acted as a bridge, building up a trade link between the two countries second only to that between Mexico and its wealthy neighbour, the United States. This bond is expected to be strengthened further when President Luis Echeverria visits Japan next week at the invitation of Emperor Hirohito.

    All the typical Japanese products are here, though several important companies use Mexican names.

    The car industry has been established here since 1966, with a capital of 15-million US dollars at this Datsun factory, in Cuernavaca. The cars are destined for Central American countries, where Mexico has recently established itself as an unofficial industrial leader: a fact which makes the Japanese even more interested in stronger ties with Mexico. In this company six executive Japanese managers oversee the work of 11-hundred Mexican workers. They import 35 percent of the material they use: the rest, including the engines, is all made in Mexico.

  • Tags

  • Data

    Film ID:
    VLVA50HEWLV0PEJB6CSCBLAS3Z39Z
    Media URN:
    VLVA50HEWLV0PEJB6CSCBLAS3Z39Z
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    29/02/1972
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:02:57:00
    Time in/Out:
    /
    Canister:
    N/A

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