October 16, 2025 9:56 PM

India, Brazil agree to deepen MERCOSUR-India trade pact

India and Brazil on Thursday agreed to significantly expand their existing trade agreement between India and the MERCOSUR bloc, aiming to enhance bilateral trade and investment. The understanding was reached during a meeting held in New Delhi between Commerce and Industry Minister Piyush Goyal and Vice President of Brazil and Minister of Development, Industry, Trade and Services Geraldo Alckmin. The two leaders welcomed the mutual interest of India and MERCOSUR member states in deepening the ex...