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India – Mexico bilateral relations

India – Mexico bilateral relations

Introduction

Mexico–India  relations  (Spanish:  Relaciones  India-México),  also  called  Mexican-Indian  relations  or  Indo- Mexican relations, refers to the diplomatic relations between India and Mexico. Both nations are members of the G-20 major economies and the United Nations.

Bilateral Agreements

Both nations have signed numerous bilateral agreements such as an:

  1. Agreement on Cultural Cooperation (1975);
  2. Agreement on Scientific and Technical Cooperation (1975);
  3. Agreement on Economic and Financial Cooperation (1982);
  4. Agreement on Touristic Cooperation (1996);
  5. Memorandum of Understanding on Communication Cooperation (1996);
  6. Agreement on Cultural and Educational Exchanges (2005);
  7. Agreement on Visa Exemption for Official and Diplomatic Passports (2005);
  8. Extradition treaty (2006);
  9. Agreement on the Promotion and Reciprocal Protection of Investments (2007);
  10. An Air service agreement (2008).

Trade

In 2018, two-way trade between both nations amounted to US$10 billion. India’s main exports to Mexico include:  textiles, gems,  jewelry,  leather  and software.  Mexico’s  main exports  to  India  include: petroleum, machinery, fertilizers and chemicals. Several Mexican multinational companies operate in India such as Cinépolis, Gruma, Grupo Bimbo, KidZania, and Nemak. Approximately 174 Indian companies invest and operate in Mexico.

To know more about bilateral relations between India and Mexico, please download our booklet.

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