24 Sep 2026 | 5 Mins Read
India and Mexico likely to sign Preferential Trade Pact ToR in early October
Flipitmoney
India and Mexico are set to sign a Terms of Reference for a Preferential Trade Agreement in early October, aiming to boost bilateral trade by reducing tariff and non-tariff barriers. This pact follows Mexico's imposition of up to 50% tariffs by 2026. Bilateral trade stood at $7.83 billion in 2025-26, with automobiles, pharmaceuticals, and engineering goods as key sectors.