BusinessPhoto: Firstpost WorldIndia and Mexico Begin Preferential Trade Agreement Negotiations
India and Mexico have initiated negotiations for a Preferential Trade Agreement (PTA) by signing the Terms of Reference, which outline the framework and roadmap for talks. This move aims to boost bilateral trade, investment, and supply chain resilience. The agreement follows a June 2025 understanding between Prime Minister Narendra Modi and President Claudia Sheinbaum at the G7 Summit in Canada, with discussions led by Commerce Secretary Rajesh Agrawal and Mexico’s Undersecretary Luis Rosendo Gutiérrez Romano.
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