India and Mexico will sign an double taxation avoidance agreement during President Felipe Calderon Hinojosa?s three-day India visit from September 9.

Besides this, two other agreements on extradition and mutual legal assistance in criminal matters will be inked.

The Mexican leader will be accompanied by the foreign minister and the minister of economy and a large 100-member business delegation, the official spokesman of ministry of external affairs Navtej Sarna told mediapersons on Friday.

According to him, ?The first meeting of the high-level working group on trade, investment and co-operation will take place in New Delhi on 10 September. This group was set up to study ways and means of facilitation and promotion of trade and investment between the two countries.?

A business meeting, jointly organised by Ficci, Assocham and CII, will be addressed by the Mexican President on the same day, he added.

Besides, the visiting leader will have meetings with President Prathiba Patil, prime minister Manmohan Singh, before leaving for Bangalore and Mumbai on September 11.

External affairs minister, leader of the Opposition and UPA chairperson will call on the President.

Bilateral relations between India and Mexico are now being re-energised. Bilateral co-operations between the two countries cover areas such as science & technology, agriculture, trade, investment, culture, education and small & medium industries.

Bilateral co-operation was reviewed by a joint commission in its last meeting in October 2005. The next meeting is due in Mexico in early 2008. Trade between India and Mexico has been growing rapidly in the recent years. In 2006, bilateral trade was $1.8 billion, of which $1.1 billion were India?s exports.

Engineering goods, chemicals, pharmaceuticals, gem and jewellery, and textiles are the main exports of India. Crude oil accounts for 90% of the imports from Mexico.

Indian and non-resident Indian investment in Mexico is about $ 3 billion. The two steel plants of LN Mittal is mainly accounted for this investment. Videocon has acquired a TV manufacturing plant for about $300 million and Dr Reddy?s Laboratories has acquired a local pharmaceutical unit for $59 million in the country.

A number of IT companies, including Infosys, TCS, Sasken Communications have established operations in Mexico.

TCS centre in Mexico was inaugurated by the President of Mexico in May 2007.