India-Mexico Bilateral Meeting

The 5thย Meeting of the top-level Bilateral Team on Trade, Investment as well as Cooperation (BHLG) between India and Mexico took place on 9th day of October 2020 via a teleconference. The discussion was headed by Dr Anup Wadhawan who is the Secretary of Commerce of the Government of India along with the Deputy Minister of International Trade of the Government of Mexico, Ms Luz Marรญa de la Mora. Several Ministries, Agencies and Chambers of Commerce from both nations participated in the conference.

Both sides have acknowledged the development made throughout the bilateral ties and trade ties between India and Mexico in past months. Both sides explored a range of current and unresolved bilateral issues, longingย from audio-visual co-creation, the Bilateral Investment Pact, free trade for farm goodsย the Sanitary and Phytosanitary Cooperation System (SPS) and the Technological Barriers to Trade (TBT) amongย the 2ย countries, collaboration on Intellectual Property Rights, and finding ways to facilitate ties between the 2 nations.

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In order to improve business ties between India as well asย Mexico, the Memorandum of Understandings were concluded at the 5thย meeting of the BHLGย between India and Mexico. The discussionย was arranged over a video call on 9thย October 2020.

The Indian Electronics & Computer Product Export Promotion Council (ESC) signed anย MoUย with the Mexican Chamber of Technology, Telecommunications and Information Technology (CANIETI).

The MOU here between Federation of Indian Chambers of Commerce and Industry (FICCI) as well as the Mexican Business Council for International Exchange, Investment and Technology (COMCE) was however signed to facilitate the growth of business ties between India and Mexico.

Both countries have agreed to extend and maximise bilateral trade engagement in order to tap into the potential of complementarity between India and Mexico by strengthening collaboration in pharmaceuticals, medical devices, health care, agribusiness-products, agriculture, food processing and aerospace industries, etc. A ‘Joint Declaration’ was released after the fruitful end of the conference.[/vc_column_text][/vc_column][/vc_row]

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