Politics Economy Country 2026-03-14T04:11:49+00:00

India Aims to Strengthen Influence in Mexico and Canada

Mexico's Ministry of Economy observes India's policy of replacing Chinese investments in the region. Narendra Modi's government is betting on entering the Mexican and Canadian markets, creating tension with the BRICS bloc.


India Aims to Strengthen Influence in Mexico and Canada

The Ministry of Economy is closely following India's steps, which, as LPO noted, aims for its companies to enter Canada and Mexico to replace Chinese investments in the region, many of which have been objected to by the White House. Just last year, trade between India and Mexico exceeded $10 billion. The bet by Narendra Modi's government is so strong that this week it had no problem in straining ties with BRICS, a group of countries whose rotating presidency is currently held by New Delhi. In a gesture to Trump, the Asian prime minister avoided aligning with Brazil, China, and Russia, whose governments questioned the U.S. military incursion into the Middle East. Modi is more in tune with the newest members of BRICS—Egypt, Ethiopia, the United Arab Emirates, and Indonesia—who maintain good ties with the Republican administration. In recent weeks, the prime minister has strongly approached Israel, received Canadian Prime Minister Mark Carney, and this week, his government did not issue condolences for the death of Ayatollah Ali Khamenei, a decision that drew internal criticism from opposition parties. This dissonance is noted in Claudia Sheinbaum's government: while the direction taken by the leader is to bet on USMCA, the hard sectors of Morena still suggest that Mexico should try a shift towards the BRICS bloc. Modi's stance, as indicated by the Ministry of Economy, is another sign that this bloc has more disagreements than agreements.