India and Mexico Begin Talks on Preferential Trade Agreement
India and Mexico have officially begun negotiations for a Preferential Trade Agreement (PTA) following the signing of the Terms of Reference. This agreement aims to enhance bilateral trade and investment, establishing a framework for discussions on various trade-related issues. The initiative stems from an agreement made between Prime Minister Narendra Modi and Mexican President Claudia Sheinbaum during their meeting at the G7 Summit in June 2025. The negotiations will focus on key areas such as market access, customs procedures, and trade facilitation, with the goal of fostering stronger economic ties between the two nations.
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