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Friday, April 18, 2008 (11:20:06)

President Pratibha Patil invites Mexican investors
President Pratibha Patil

Mexico City: President Pratibha Patil, on her visit to Mexico, has said that Indian investments into Mexico have been growing steadily and that now India looks forward with enthusiasm on the part of Mexican investors to enter the Indian market. Patil during ceremonial reception at Los Pianos, the Presidential House, hosted by Mexican President Felipe Calderon on Thursday said,“There are tremendous opportunities in the areas of infrastructure and tourism in India which can be exploited by Mexican entrepreneurs. We welcome investments being made by Mexican companies in India.”

In her banquet speech, the President further said that the democratic yearning of both the countries, faith in non-violence and dialogue, the pluralistic and secular credentials of policies make the two countries natural allies in facing the global challenges of today.

The President expressed hope that the India-Mexico High Level Group on Trade, Investment and Economic Cooperation will meet in June 2008 to draw up a roadmap for the rapid development of trade and economic relationship between the two countries.

Speaking on a privileged partnership agreed between the two countries, she said it is based not just on our commonalties in the past, “but on the vision that we share for the future for our bilateral relations and also for the world.”

On the occasion, India and Mexico signed agreements in energy and aviation sectors. India's Minister of State for Non-Conventional Energy Sources Vilas Muttemwar signed the agreement with Mexican secretary of Energy Georgina Kessel.
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