India-Mexico: 65th Anniversary of Establishment of Diplomatic Relations

Posted on : 30-09-2015 | Back | Print

A grand ceremony was held on the premises of the Senate of the Mexican Congress in the morning of 29 September 2015 to commemorate the 65thAnniversary of the establishment of diplomatic relations between India and Mexico. The event marked the launch of the Week of India in the Mexican Senate, which will showcase classical Indian dance, music, screening of Indian films and documentaries, an exhibition on Churches of Goa, and, lectures and roundtable conferences by Indian Ambassador SujanChinoy and Mexican Indologists on Indian history, politics, economics and culture.

The two countries established diplomatic relations on 1 August 1950. Mexico was the first country in Latin America to establish diplomatic relations with India after India’s Independence.

The event at the Senate today, organized jointly by India’s Ambassador to Mexico SujanChinoy and SenatorTeofilo Torres Corzo, President of the Senate’s Commission for External Relations with the Asia-Pacific Region, was attended by Senator Luis Sanchez , Vice President of the Board of the Senate, Senator Manuel Cavazos Lerma, Senator Martha Palafox and many other dignitaries, including senior officials of the Asia-Pacific Division of the Mexican Foreign Ministry, Ambassadors, members of the large diplomatic corps in Mexico as well as the media.

In their remarks, both Ambassador Chinoy and the Mexican Senators emphasized thetraditionally close and friendly relations between India and Mexico and the spurt in trade and economic relations in recent years. The two countries have a Privileged Partnership since 2007. There is growing mutual interest in the recent structural reforms in India and Mexico.

India and Mexico share many similarities, both being large and populous nations with ancient cultures facing similar developmental challenges.  The Mexican Senators highlighted India’s importance as the fastest-growing among the large emerging markets, and Mexico’s desire to engage more with India as part of Mexico’s outreach to Asia. Ambassador Chinoyunderscored India’s growing interest in forging closer links with Mexico, including between Parliamentarians.

A plaque commemorating the 65th Anniversary of the establishment of diplomatic ties between India and Mexico was jointly unveiled in the Mexican Senate by India’s Ambassador SujanChinoy and Senator Teofilo Torres Corzo.

Bilateral trade has touched US $ 6.4 billion in 2014 and investments by about 45 Indian companies in Mexicoamount to almost US $ one billion, in IT, pharmaceuticals and the automotive sectors.India today is the largest market for Mexican crude oil in Asia, and its third-largest market globally. Following the recent energy sector reforms in Mexico, many Indian public and private sector companies have evinced keen interest in participation in the auction of oil and gas assets and in establishing their presence in construction of pipelines, modernization of refineries and other upstream and downstream activities. Almost half the cars exported by Volkswagen from India to Latin America are destined for Mexico. Bajaj and TVS motorcycles and three-wheelers, and JK Tyres are popular brands in Mexico. With India’s admittance in 2014 as Observer to the Pacific Alliance, which groups together the dynamic economies of Mexico, Colombia, Peru and Chile, the prospects are even brighter for future partnerships.

In a separate interview to the official TV channel of the Mexican Senate on the occasion, Ambassador dwelt on Prime Minister Narendra Modi’s flagship initiatives such as Make In India, Digital India, Smart Cities, Skill India, Industrial Corridors and other programmes aimed at accelerating India’s economic progress. He invited the Senators to promote commercial and investment links with India, and take advantage of the India’s democratic set-up, rule of law, transparency, the large Indian and regional market and its abundant youthful resources. Several well-known Mexican companies such as Cinepolis, Kidzania, Softtech, Metalsa, Tremec, Mexchem and others have already entered India.

There was great interest among the Senators in Prime Minister Narendra Modi’s meeting in New York on 28 September 2015 with Mexican President Enrique Pena Nieto, and their high-level dialogue, which is expected to provide a fillip to bilateral ties.

29 September 2015

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