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India, Mercosur to expand trade pact
Financial Express Kolkata
|October 17, 2025
INDIA AND THE SOUTH AMERICAN trade bloc — Mercosur — have decided to expand their existing Preferential Trade Agreement (PTA) and conclude the negotiations within a year of launch.
“The expansion of the agreement should be substantial, aiming for a significant share of bilateral trade to benefit from tariff preferences. The expansion of the agreement should cover both tariff and non-tariff issues related to trade and economic partnership,” India—Brazil Joint Declaration for Deepening of Mercosur-India Trade Agreement said.
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