India and Mexico Sign Terms of Reference for Trade Agreement
India and Mexico have signed the Terms of Reference for a Preferential Trade Agreement, officially launching negotiations to enhance their economic partnership. The agreement aims to expand bilateral trade, create new business opportunities, and improve investment flows. Commerce Secretary Rajesh Agrawal and Mexico’s Undersecretary of Foreign Trade Luis Rosendo Gutiérrez Romano signed the document in Mexico, outlining key negotiation areas such as market access and customs procedures. This initiative follows a commitment made by Prime Minister Narendra Modi and President Claudia Sheinbaum during their meeting at the G7 Summit in Canada in June 2022.
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