JOURNAL ARTICLE

India working to expand preferential trade agreement with Mercosur: Piyush Goyal.

  • Published In: Project Reporters, 2026. P. N.PAG 1 of 2

  • Database: Business Source Ultimate 2 of 2

Abstract

The article focuses on India's efforts to expand its preferential trade agreement (PTA) with the Latin American trade bloc Mercosur, which includes Brazil, Argentina, Uruguay, and Paraguay. Commerce and Industry Minister Piyush Goyal highlighted the need for enhanced market access, investment growth, and collaboration in technology, sports, education, and culture. He noted that while bilateral trade between India and Brazil has increased by 25% to over $15 billion in 2025, it remains sub-optimal, with both countries aiming for a target of $20 billion in trade within five years. Goyal emphasized Brazil's rich natural resources and evolving industries as key factors for strategic partnership in global supply chains. [Extracted from the article]

Additional Information

  • Source:Project Reporters. 2026/02, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2026
  • Accession Number:191866430
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