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Market Chatter: Japan, Mexico Agree to Boost Energy and Trade Cooperation Amid Iran War

-- Japan's Prime Minister Sanae Takaichi and Mexico's President Claudia Sheinbaum pledged to strengthen energy cooperation amid global oil and gas disruptions caused by the Iran war over a phone call on Tuesday, Reuters reported on the same day.

Takaichi proposed creating a new dialogue framework with Mexico that encompasses economic security, Mexico's abundant mineral resources, the publication said.

The premier also requested Mexico's support in fostering a favorable environment for Japanese businesses operating there, the news wire said.

The two leaders also concurred on deepening trade ties, the report said, citing Japan's foreign ministry.

President Sheinbaum described the conversation as "very productive" on X, emphasizing the importance of enhancing bilateral relations in investment, trade and cooperation, it added.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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