The fifth meeting on India-Mexico Bilateral High-Level Group on Trade, Investment and Cooperation (BHLG) was held through video conference.
The meeting was co-chaired by Commerce Secretary Anup Wadhawan and Mexico’s vice minister for Foreign Trade Luz María de la Mora.
Several ministries, departments, and business chambers from both countries participated in the meeting.
The two sides appreciated the progress made in the bilateral trade and commercial relations between India and Mexico in recent years.
<img class="size-medium wp-image-17192 alignleft" src="https://indianarrative.com/wp-content/uploads/2020/10/Indian-Embassy-in-Mexico-2-300×200.jpg" alt="Indian Flag illuminated in Mexico" />Both sides discussed a number of bilateral ongoing and outstanding issues, ranging from audio-visual co-production, bilateral investment treaty, market access for agricultural products, a cooperation framework on Sanitary and Phytosanitary (SPS) and Technical Barriers to Trade (TBT) measures between the two countries, co-operation in the intellectual property rights, and exploring ways to promote tourism and people-to-people contact between India and Mexico.
A memorandum of understanding (MoU) between the Electronics and Computer Software Export Promotion Council (ESC) of India and the Mexican Chamber of Electronics, Telecommunications and Information Technologies (CANIETI) was signed.
<img class="size-medium wp-image-17193 alignright" src="https://indianarrative.com/wp-content/uploads/2020/10/Indian-Embassy-at-Mexico-300×200.jpg" alt="The relationship between the India, Mexico is 70 years old and to celebrate this certain important certain buildings in Mexico City were illuminated with Indian colors (Photo Credit: Indian Embassy in Mexico)" />
An MoU between the Federation of Indian Chambers of Commerce and Industry (FICCI) and the Mexican Business Council of Foreign Trade, Investment and Technology (COMCE) for promoting the development of business relations between India and Mexico was also signed.
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They also agreed to expand and diversify the bilateral trade relationship to tap the potential of the complementarities between India and Mexico through enhanced cooperation in pharmaceuticals, medical equipment, healthcare, agro-products, fisheries, food processing, and aerospace industry, etc.
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