BUSINESS

India, Mexico ink pacts in civil aviation, energy

By Sumir Kaul in Mexico City
April 18, 2008 19:52 IST

India and Mexico have signed two agreements for cooperation in civil aviation and energy sectors as part of their efforts to strengthen bilateral ties.

Union Minister for Non-Conventional Energy Vilasrao Muttemwar and Mexico's Minister for Foreign Relation Patricia Espinoza and Secretary of Energy Georgana Kessel inked the agreements in Mexico City on Thursday.

Mexican President Felipe Calderon, who was present at the singing ceremony along with visiting Indian President Pratibha Patil, said India was an 'important' partner for his country in the Asia-Pacific region.

The first agreement calls for cooperation in air services between the two countries while the second one was related to enhanced ties in the energy sector.

Calderon said there can be greater interaction in a number of areas such as infrastructure, food processing, technical and scientific cooperation.

Earlier, Patil, on the second leg of her 13-day tri-nation Latin American tour, spoke about the common challenges being faced by Mexico and India, emphasising the need for ensuring inclusive economic growth.

"Our overriding challenge is inclusive growth, not simply growth," she said adding, "we are working together towards the establishment of a more just, humane and fair world order."

Sumir Kaul in Mexico City
Source: PTI
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