Share
 
Comments
PM Modi pays historic visit to Mexico
PM Modi highlights initiatives undertaken by GoI for economic growth and improvement in standard of living of the people
India-Mexico to deepen economic and bilateral cooperation
India-Mexico discuss key issues pertaining to global security

1. At the invitation of His Excellency Mr. Enrique Peña Nieto, President of the United Mexican States, His Excellency Mr. Narendra Modi, Prime Minister of India paid a working visit to Mexico on 8th June 2016, with the objective to continue the dialogue held by the two leaders on the margins of the 70thregular session of the United Nations General Assembly on 28th September 2015.

2. The leaders recognized the opportunities to define the path of the India-Mexico Privileged Partnership for the 21st Century that allows the growth of bilateral relations in economic field, in science and technology and in the most important issues of the global agenda reflecting a broad convergence of long-term political, economic and strategic goals.

3. President Enrique Peña Nieto elaborated on the structural reforms undertaken in Mexico to promote economic growth and development. On his part, Prime Minister Mr. Narendra Modi highlighted the initiatives undertaken by his Government for the economic growth and the improvement of standard of living of the people.

In this context, both leaders:

Political Dialogue

4. Instructed the Foreign Ministers of both countries to develop the roadmap of the Privileged Partnership suitable for the 21stCentury, in the framework of the Seventh Mexico-India Joint Commission Meeting to be held in Mexico in 2016. 

5. Look forward to the results of the Sixth Meeting of the Joint Committee on Science and Technology, and the Fourth Meeting of the High Level Group on Trade, Investment and Cooperation, which will be held in Mexico during the second half of 2016.

6. The two countries will update the bases of cooperation according to a convergent and comprehensive plan, will evaluate the progress made in diverse fields and will set new objectives and themes to strengthen the agenda of bilateral relations.

7. Had a detailed exchange of views on the regional issues of mutual interest, including the political and economic developments in Latin America, the CELAC and the Pacific Alliance, as well as the current situation in the Asia-Pacific region.

Economic Partnership

8. Underscored the increasing importance of diversifying the economic exchanges to promote trade and investment to a level corresponding to their true potential.

9. Stressed the necessity of developing a greater connectivity between the two countries and encouraging cooperation in the infrastructure sector, among small and medium enterprises, in pharmaceutical products, in energy, in the automobile sector, in Information and Communication Technology, in agriculture, in food processing and in other related sectors.

10. Noted with satisfaction the growing interest for investment of the Indian companies in the energy sector - attracted by the structural reforms carried out in Mexico, as well as the opportunities for Mexican companies in the Indian market.

11. Agreed that cooperation is key to promote the investment and the use of solar energy. The two sides agreed to explore ways and means to boost the objectives of the International Solar Alliance.

12. Stressed the importance of promoting increased exchanges between the peoples of the two countries for better understanding and strengthening of bilateral links in the areas of culture, education and tourism.

Bilateral Cooperation

13. Exchanged points of views and welcomed the opportunities offered by the convergence between the National Digital Strategy of Mexico and the Digital India Initiative, which share common objectives.

14. Welcomed collaboration in space science, earth observation, climate and environmental studies, and the efficient use of space-related resources available in India as well as in Mexico for remote sensing, advance warning for disaster prevention and launch of satellites between the Mexican Space Agency (AEM) and the Indian Space Research Organization (ISRO).

15. Considering that both countries have huge diaspora communities abroad, the Leaders agreed on exchanging views, information and share best practices with respect to the participation of networks, organizations and individuals in their diasporas in the development of communities of their origin and their residence, as well as for the welfare and protection of their respective nationals in foreign countries.

Dialogue on Global Affairs

16. Pledged to continue promoting the shared goals of nuclear disarmament and non-proliferation as solutions with multilateral perspective, as well as to continue promoting cooperation on international security issues.

17. Reiterated their strong condemnation of terrorism in all its forms and manifestations.

18. Reaffirmed the importance to have an effectivemultilateral system, with the United Nations at its core, and agreed on the importance of continuing supporting the progress in the process of comprehensive reforms of the United Nations Security Council.

19. Noted productive and substantive cooperation in the context of their participation in G-20.

20. Welcomed with satisfaction the successful conclusion of the Climate Change Conference held in Paris in December 2015 and applauded the signing by both countries of the Paris Agreement on April 22, 2016. They committed to ratify the Paris Agreement as soon as possible, as well as to develop new and renewable sources of energy to meet the developmental challenges of their respective countries.

21. President Enrique Peña Nieto cordially invited the Indian Prime Minister to visit Mexico again on a State visit in the near future. Similarly, Prime Minister Modi invited President Peña Nieto to pay a State visit to India. They agreed that suitable dates would be worked out through diplomatic channels.

Pariksha Pe Charcha with PM Modi
Explore More
It is now time to leave the 'Chalta Hai' attitude & think of 'Badal Sakta Hai': PM Modi

Popular Speeches

It is now time to leave the 'Chalta Hai' attitude & think of 'Badal Sakta Hai': PM Modi
Trade and beyond: a new impetus to the EU-India Partnership

Media Coverage

Trade and beyond: a new impetus to the EU-India Partnership
...

Nm on the go

Always be the first to hear from the PM. Get the App Now!
...
INDIA-EU LEADERS' MEETING
May 08, 2021
Share
 
Comments

At the invitation of the President of the European Council Mr. Charles Michel, Prime Minister Shri Narendra Modi participated in the India-EU Leaders’ Meeting today.

The meeting was held in a hybrid format with the participation of leaders of all the 27 EU Member States as well as the President of the European Council and the European Commission. This is the first time that the EU hosted a meeting with India in the EU+27 format. The meeting was the initiative of the Portuguese Presidency of the Council of the European Union.

During the meeting, the leaders expressed their desire to further strengthen the India-EU Strategic Partnership based on a shared commitment to democracy, fundamental freedoms, rule of law and multilateralism. They exchanged views on three key thematic areas: i) foreign policy and security; ii) COVID-19, climate and environment; and iii) trade, connectivity and technology. They discussed forging closer cooperation on combating the COVID-19 pandemic and economic recovery, tackling climate change, and reforming multilateral institutions. India appreciated the prompt assistance provided by the EU and its member states to combat its second COVID wave.

The leaders welcomed the decision to resume negotiations for balanced and comprehensive free trade and investment agreements. Negotiations on both the Trade and Investment Agreements will be pursued on parallel tracks with an intention to achieve early conclusion of both agreements together. This is a major outcome which will enable the two sides to realise the full potential of the economic partnership. India and the EU also announced dedicated dialogues on WTO issues, regulatory cooperation, market access issues and supply chain resilience, demonstrating the desire to deepen and further diversify economic engagement.

India and the EU launched an ambitious and comprehensive ‘Connectivity Partnership’ which is focused on enhancing digital, energy, transport and people-to-people connectivity. The Partnership is based on the shared principles of social, economic, fiscal, climate and environmental sustainability, and respect for international law and commitments. The Partnership will catalyse private and public financing for connectivity projects. It will also foster new synergies for supporting connectivity initiatives in third countries, including in the Indo-Pacific.

India and the EU leaders reiterated their commitment to achieving the goals of the Paris Agreement and agreed to strengthen joint efforts for mitigation, adaptation and resilience to the impacts of climate change, as well as providing means of implementation including finance in the context of COP26. India welcomed the EU’s decision to join CDRI.

India and the EU also agreed to enhance bilateral cooperation on digital and emerging technologies such as 5G, AI, Quantum and High-Performance Computing including through the early operationalization of the Joint Task Force on AI and the Digital Investment Forum.

The leaders noted with satisfaction the growing convergences on regional and global issues, including counterterrorism, cybersecurity and maritime cooperation. The leaders acknowledged the importance of a free, open, inclusive and rules-based Indo-Pacific and agreed to closely engage in the region, including in the context of India’s Indo-Pacific Ocean’s Initiative and the EU’s new strategy on the Indo-Pacific.

Coinciding with the Leaders’ Meeting, an India-EU Business Roundtable was organised to highlight the avenues for cooperation in climate, digital and healthcare. A finance contract of Euro 150 million for the Pune Metro Rail Project was signed by the Ministry of Finance, Government of India, and European Investment Bank.

India-EU Leaders Meeting has set a significant milestone by providing a new direction to the Strategic Partnership and giving a fresh impetus for implementing the ambitious India-EU Roadmap 2025 adopted at the 15th India-EU Summit held in July 2020.