On 24 May 2023, H.E. Ms. Busadee Santipitaks, Deputy Permanent Secretary for Foreign Affairs, co-chaired the 5th Meeting of Political Consultations (PC) between Thailand and Mexico, with H.E. Mr. Fernando Gonzalez Saiffe, Director-General for Asia-Pacific, Ministry of Foreign Affairs of Mexico, at the Ministry of Foreign Affairs of Mexico. H.E. Mr. Paisan Rupanichkij, Ambassador of Thailand to Mexico, and representatives from both sides also participated in the Meeting.

​The Meeting pushed forward the dynamism and cooperation from the 4th Meeting of PC, virtually hosted by Thailand in 2021. Both sides took stock of the cordial relations and friendship between Thailand and Mexico throughout the past 48 years with the aim of enhancing bilateral relations in all spheres through exchanges of high-level visits, planning of activities for the celebration of the 50th anniversary of the establishment of diplomatic relations in 2025 and the promotion of people-to-people contacts through 5F initiative, namely, food, festival, fighting, film and fashion, in the area of mutual benefits.

​Thailand and Mexico concurred with the utilization of both sides’ geographical advantages as gateways to their respective regions to augment bilateral commerce and investment, including the exchanges of private sectors’ visit, such as the Latin Link 2023 project organized by Thailand, which brought Thai businessmen to Mexico after the 5th Meeting of PC, participation in trade and exhibition fairs and usages of online platform to promote commerce between the two sides, particularly for SMEs.

Both sides acknowledged potentials for investment collaboration in the auto industry, medical tourism, aviation, logistics, biofuel and biochemicals and medical hub, as well as investment in Eastern Economic Corridor (EEC), particularly in EV industry. Both sides also discussed ways to promote bilateral trade and reduce barriers to agricultural products, such as fresh shrimp, grape, avocado, blueberry, tanned bovine hides and skins, as well as the Third Thailand-LAC Seminar Series to boost collaboration in Bio-Circular-Green (BCG) Economy between the two regions which was hosted by the Ministry of Foreign Affairs of Thailand in March 2023.

​Both sides intend to advance technical cooperation in accordance with the draft Plan of Action of Development Cooperation Program between Thailand and Mexico, collaboration in science and technology, and development of human resources through workshops and trainings. They also look forward to pursuing activities under the draft Working Program on Cultural Cooperation between Thailand and Mexico, and facilitating travels between the two countries. Additionally, both sides discussed the promotion of mutual support in multilateral frameworks, such as the United Nations, APEC, ASEAN, and Pacific Alliance (PA), including cooperation on climate change, 2030 agenda for development, especially collaboration on Sufficiency Economy Philosophy (SEP), nuclear-weapon free zones and related matters.

​The 5th Meeting of Political Consultations between Thailand and Mexico was an important achievement between the two sides and a mechanism in propelling the relations and cooperation between the two countries. Mexico is one of Thailand’s top trading partners in Latin America and the Caribbean with overall bilateral trade volume in 2022 of 4,150.60 million US dollars and a high potential of trade expansion. The Thai side expects to host the 6th Meeting of Political Consultations between Thailand and Mexico in 2025, as part of the activities to celebrate the 50th anniversary of the establishment of diplomatic relations between Thailand and Mexico.