India and Mexico have signed the Terms of Reference for a Preferential Trade Agreement, aiming to strengthen economic ties by enhancing trade and reducing tariffs.
The pact covers key Indian exports such as automobiles and textiles, and is designed to stimulate investment and create new business opportunities for both nations.
The agreement follows a visit by India's Commerce Secretary to Mexico City, where discussions with Mexican officials and business leaders focused on mutual cooperation and unlocking economic growth potential.
