Japan PM Shinzo Abe meets Mexican President Pena Nieto

1. Mid of Japanese Prime Minister Shinzo Abe and Mexican President Enrique Pena Nieto shaking hands 2. Close of Pena Nieto during bilateral meeting 3. Wide of the meeting 4. Close of Abe 5. Mid of Japanese delegation 6. Wide of meeting 7. Close of Pena Nieto 8. Mid of Mexican delegation STORYLINE: Mexican President Enrique Pena Nieto met with Japanese Prime Minister Shinzo Abe in Tokyo on Monday, for talks intended to strengthen bond between the two nations. Prime Minister Abe expressed Tokyo's desire to enter negotiations on the US led Trans-Pacific Partnership, or TPP, in hope to obtain support from Mexico. Japan said the integration of Japanese and Mexican economies are significant, not only for the two nations but will "prove fruitful for industries globally." Japan's decision to join talks on a Pacific trade pact was in anticipation of the country opening up sheltered industries including farming, long a bastion of protectionism. Many in Japan, however, see the pact as a way of overcoming stubborn resistance to reforms essential for reviving the stagnant economy. The government estimates that joining the Pacific trade agreement would boost Japan's GDP by as much as three trillion yen (31 (b) billion US dollars) a year, equal to about 0.7 percent of their GDP in the first year. Japan's GDP exceeds the combined total of the 10 other nations negotiating the pact with the United States, aimed at reducing duties on a wide range of goods and services and ease regulatory and other non-tariff barriers to trade. Other participants include Chile, Australia, Canada, Singapore and Vietnam. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/ad0825f2865502a8531780d6c6447415 Find out more about AP Archive: http://www.aparchive.com/HowWeWork