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India, Mexico start talks on trade pact

December 16, 2025

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Financial Express Mumbai

INDIA HAS STARTED discussions on a Preferential Trade Agreement (PTA) with Mexico to cushion the impact of steep tariff increase by it on the countries with which it does not have any Free Trade Agreement (FTA).

- MUKESH JAGOTA

"Based on their request, we have engaged. The only fast way forward is to try to get into a PTA because an FTA will take a lot of time," Commerce Secretary Rajesh Agrawal told reporters.

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