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TOPIC : Mexico, India plans to double trade
Trade between India and Mexico has been targeted to double in the next three years from the figure of $1.8 billion in 2006, visiting Mexican President, Mr Felipe Calderon Hinojosa, recently indicated.
India and Mexico signed a double taxation avoidance agreement (DTAA) for prevention of fiscal evasion with respect to taxes on income.
“Mexico can offer Indian companies, preferential access to one billion customers through the trade agreements with 44 countries including the USA,” Mr Hinojosa said at a meeting on ‘India-Mexico: Opportunities for Business,’ organised jointly by the CII, ASSOCHAM and FICCI.
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TRADE INDIA MAIL
