India and Brazil aim to expand trade pact with Mercosur to boost economic ties and reach $20 billion trade target.
India and Brazil on Thursday (October 16, 2025) agreed to expand the scope of the existing preferential trade pact between New Delhi and four South American nation bloc Mercosur to boost economic ties.
Mercosur is a trading bloc in Latin America, comprising Brazil, Argentina, Uruguay and Paraguay.
The agreement paved the way for the European Union's largest-ever trade accord after 25 years of negotiations.
The long-awaited deal creates one of the world’s largest free trade areas with 720m potential consumers.
The pact still needs a green light from lawmakers in the European Parliament, which referred it to the EU's top court. But the…
Brazilian President Luiz Inácio Lula da Silva said during the G20 Summit that a free-trade pact between Mercosur and the EU will…
Deal, which comes as Brussels seeks new markets to offset US tariffs, will open free trade with South American group.
Leaders from Brazil and India agreed on Saturday to increase bilateral trade between the two countries, including a deal for rare…
