Question : TRADE RELATIONS WITH MEXICO



(a) whether the Government are contemplating to promote and strengthen trade relations with Mexico;

(b) if so, the details thereof; and

(c) details on the value of trade between these two nations at present?

Answer given by the minister

THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY ( SHRI E.V.K.S. ELANGOVAN)

(a) & (b): Trade promotion is a sustained and continuous endeavour of the government. In order to promote trade with Latin American countries, an integrated programme `Focus-Lac` was launched in November 1997. This programme is aimed at sensitizing the organizations involved in trade promotion towards business opportunities in Latin American countries including Mexico.

(c) The value of trade between India and Mexico is as under:

(Value in US$ million)
2002-03 April-Feb.2003-04
India`s Export to Mexico 261.55 229.74 India`s Import from Mexico 65.52 67.84
(Source: DGCI&S, Kolkata)