India and Mexico sign agreement for space collaboration

The sixth session of the Joint Commission between India and Mexico, presided over by External Affairs Minister Sushma Swaraj and her Mexican counterpart Jose Antonio Meade Kuribrena, was held in New Delhi on 22 October 2014.

Both sides signed a Memorandum of Understanding (MoU) on space cooperation under which they will also collaborate on capacity development and other mutually beneficial areas related to cooperation in outer space for peaceful purposes.

India, which depends largely on import of hydrocarbons, is the largest buyer of Mexican crude oil in Asia and the third largest globally. With Mexico embarking on reforms in the energy sector, both sides discussed possibilities of cooperation with private and public sector companies in India looking for opportunities in the sector.

Mexico will also be setting up an ‘India Room’ in the National Museum of Culture in Mexico City and India has gifted 108 pieces for this purpose.

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