EU-Mexican relations are currently in a very positive phase, characterized by a close political dialogue, frequent high level contacts, and solid trade and economic relations. Implementation of the Global Agreement (Association Agreement) and the ongoing negotiations for expanding the services, investment and agriculture components, expected to conclude in 2006. Implementation of current assistance that focuses on social development and reduction of inequalities, economic growth, consolidation of rule of law and scientific and technological cooperation.

2. Supports the emphasis on the preventive aspects of the Pact in which Member States are called upon to build reserves in good times which they can avail of whenever the economic climate is less congenial;

These are important questions, and, as Justice Rosalie Abella pointed out, equity is not something that should only be reserved for good economic times; all members of society should have equal access to jobs regardless of the economic climate.