A Forward Look at Mexican- German Economic Relations

A constant feature of Mexican foreign policy is the diversification of the country’s economic relationships in an effort to reduce the country’s reliance on a single commercial partner, to find new markets for Mexican exports and to increase the flow of foreign investment in the country’s production apparatus. Héctor Alcántara, in this article, explains the reasons why strengthening and furthering economic ties with Germany would contribute to the fulfillment of this wider objective. The main conclusion drawn from this study concerns the promising outlook of the economic relationship between both countries, with a rapport based on common values, institutionalized connections and mutual acknowledgment as strategic partners. Moreover, by leveraging economic factors, such as the German strategy of diversification across foreign markets as a result of the Eurozone financial crisis and the realization of economic reforms in Mexico, a new chapter can be envisaged in Mexican- German commercial relations.