Luis Ernesto Derbez Bautista (born April 1, 1947 in Mexico City) is a Mexican politician and rector of the Universidad de las Américas Puebla (UDLAP). He served as Mexico's Secretary of Economy from 2000 to 2002 and Secretary of Foreign Affairs from 2003 to 2006. Early life and education Luis Ernesto Derbez Bautista was born April 1, 1947 in Mexico City, Mexico. His parents were small business owners that ran a clothing factory that employed 20 workers. He has a Bachelor's degree in 1970 in economics, from the Universidad Autónoma de San Luis Potosí, in San Luis Potosí City. He studied at the University of Oregon and has a Master's degree in economics. He earned a Doctorate in economics in 1980 from the Iowa State University in Ames, Iowa. After graduating in 1980, Derbez was appointed vice rector for academics at the Universidad de las Américas Puebla in Puebla, Mexico. Before joining the Fox campaign in 1997, he worked 14 years for the World Bank, managing economic adjustment programs in Africa, Asia and Central America. He also was a visiting professor at the Johns Hopkins University, within the School of Advanced International Studies. He began his career in politics in 2000. Political career Secretary of Economy Upon assuming power in December 2000, President Vicente Fox chose him to serve as his Secretary of Economy. As Minister of Economy, Derbez was in charge of Mexico's international trade negotiations. In 2001, he finalized the trade agreement between China and Mexico which allowed China's accession to the World Trade Organization (WTO), and led the Mexican team which defined the terms for a Free Trade Agreement between Mexico and Japan; in 2004 the FTA was signed. At the 2001 WTO's Ministerial Meetings in Qatar he was a member of the Director's Team which successfully negotiated the start of the Doha Development Round. Following his participation, Derbez became the Chairman-elect for WTO's 2003 Ministerial Meeting. As such, during 2002 and 2003 he co-chaired preparatory Ministerial Meetings in Mexico, Sydney, Geneva, Sharm-el-Sheik, and Paris. In September 2003, Derbez chaired the WTO Ministerial Meeting which produced the so named Cancun Text that served as the basic text for follow up negotiations at the 2005 WTO's Hong Kong Ministerial Meeting. During that period, Derbez also played a key role in the successful outcome of the U.N. International Conference on Financing for Development held in Monterrey, Mexico, where developed