Chennai: Mexico and India are exploring possibilities of signing a ‘free trade agreement, (FTA)’ to enhance trade ties between the two countries, the country's envoy to India said here on Tuesday. Ambassador of Mexico to India Melba Pria was in the city to throw open the Honorary Consulate General of the country.
A high-level trade delegation that visited India a few months ago had discussed the possibility of such an agreement with officials here and about 500 goods were identified in the first place for signing the agreement.
“We are working on some sort of agreement like the FTA. Our very first Free Trade Agreement was with Japan. We are very much excited to have FTA (with India),” she said.
Ms Pria also announced Ramkumar Vardarajan as the Honorary Consul General with jurisdiction throughout the states of Andhra Pradesh, Karnataka, Kerala, Telangana and Tamil Nadu.
“The Honorary Consulate in Chennai will have an important role in promoting economic and cultural ties between Mexico and India. It will serve as liaison with the business community in this part of the country and will cater to the increasing number of Mexicans visiting southern India,” a press release said.