{"id":60881,"date":"2026-10-28T14:30:04","date_gmt":"2026-10-28T14:30:04","guid":{"rendered":"https:\/\/waqtdiawaz.com\/index.php\/2026\/10\/28\/india-and-mexico-sign-terms-of-reference-for-preferential-trade-agreement-negotiations-to-begin\/"},"modified":"2026-10-28T14:30:04","modified_gmt":"2026-10-28T14:30:04","slug":"india-and-mexico-sign-terms-of-reference-for-preferential-trade-agreement-negotiations-to-begin","status":"publish","type":"post","link":"https:\/\/waqtdiawaz.com\/index.php\/2026\/10\/28\/india-and-mexico-sign-terms-of-reference-for-preferential-trade-agreement-negotiations-to-begin\/","title":{"rendered":"India and Mexico sign Terms of Reference for preferential trade agreement negotiations to begin"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<div class=\"picture verticle\"><picture><!--[if IE 9]><video style=\"display: none;\"><![endif]--><source media=\"(min-width: 1600px)\" sizes=\"960px\" srcset=\"https:\/\/th-i.thgim.com\/public\/incoming\/lrs3be\/article71636708.ece\/alternates\/FREE_1200\/IMG_BL28_India_Mexico_fl_2_1_P9GNGQMF.jpg\"\/><source media=\"(min-width: 768px) and (max-width: 1599px)\" sizes=\"640px\" srcset=\"https:\/\/th-i.thgim.com\/public\/incoming\/lrs3be\/article71636708.ece\/alternates\/FREE_1200\/IMG_BL28_India_Mexico_fl_2_1_P9GNGQMF.jpg\"\/><source media=\"(min-width: 321px) and (max-width: 767px)\" sizes=\"400px\" srcset=\"https:\/\/th-i.thgim.com\/public\/incoming\/lrs3be\/article71636708.ece\/alternates\/FREE_1200\/IMG_BL28_India_Mexico_fl_2_1_P9GNGQMF.jpg\"\/><source media=\"(max-width: 320px)\" sizes=\"320px\" srcset=\"https:\/\/th-i.thgim.com\/public\/incoming\/lrs3be\/article71636708.ece\/alternates\/FREE_1200\/IMG_BL28_India_Mexico_fl_2_1_P9GNGQMF.jpg\"\/><!--[if IE 9]><\/video><![endif]--><img decoding=\"async\" src=\"https:\/\/www.thehindu.com\/theme\/images\/th-online\/1x1_spacer.png\" alt=\"Mexico and India take an important step towards strengthening their economic and trade relations\" title=\"Mexico and India take an important step towards strengthening their economic and trade relations\" data-original=\"https:\/\/www.thehindu.com\/theme\/images\/th-online\/1x1_spacer.png\" class=\"lead-img\" fetchpriority=\"high\"\/><\/picture><\/div>\n<p class=\"caption\">\n                    Mexico and India take an important step towards strengthening their economic and trade relations<br \/>\n                                          | Photo Credit: MicroStockHub\n                                      <\/p>\n<\/div>\n<div id=\"content-body-71635915\">\n<div class=\"schemaDiv\" id=\"schemaDiv\">\n<p>India and Mexico on Wednesday signed the Terms of Reference (ToR) to start negotiations on a trade deal between the two countries, the government announced following the signing in Mexico.<\/p>\n<p>The signing of the ToR follows an understanding reached between Prime Minister Narendra Modi and Mexican President Claudia Sheinbaum during their meeting on the sidelines of the G7 Summit in Canada in June 2025.<\/p>\n<p>\u201cMexico and India take an important step towards strengthening their economic and trade relations with the signing of the Terms of Reference for negotiations on a Preferential Trade Agreement (PTA), which establish the framework, scope, modalities and roadmap for negotiations aimed at creating new economic opportunities for both countries,\u201d the government said in a release.<\/p>\n<div class=\"also-read print-hide\" data-ga-label=\"AlsoReadArticle\">\n<div class=\"element\">\n<div class=\"picture\"><img decoding=\"async\" src=\"https:\/\/th-i.thgim.com\/public\/incoming\/ihqwhf\/article70310763.ece\/alternates\/SQUARE_80\/IMG_INDIA-TRADE_2_1_8VDFP2HH.jpg\" data-original=\"https:\/\/th-i.thgim.com\/public\/incoming\/ihqwhf\/article70310763.ece\/alternates\/SQUARE_80\/IMG_INDIA-TRADE_2_1_8VDFP2HH.jpg\" alt=\"\" data-device-variant=\"SQUARE~SQUARE~SQUARE~SQUARE\" class=\"media-object lazy adaptive placeholder lazy\" width=\"100%\" height=\"100%\"\/><\/div>\n<\/div>\n<\/div>\n<p>During the signing, the Indian side was represented by Commerce Secretary Rajesh Agrawal, who held discussions with Mexico\u2019s Undersecretary of Foreign Trade Luis Rosendo Guti\u00e9rrez Romano, who participated on behalf of Secretary of Economy Marcelo Ebrard Casaubon.<\/p>\n<p>\u201cThe Terms of Reference cover key negotiating areas, including market access for goods, rules of origin, customs procedures and trade facilitation, dispute settlement, sanitary and phytosanitary measures, technical barriers to trade and trade remedies,\u201d the release said.<\/p>\n<p>\u201cWith its strong linkages to global value chains, Mexico is an important market for Indian exporters and investors,\u201d it added. \u201cSectors with significant potential for cooperation include automotive, chemicals, electronics, pharmaceuticals, agri-food, energy, critical minerals, medical devices and advanced manufacturing, among others.\u201d<\/p>\n<p>Mr. Agrawal and Mr. Romano also discussed the possibility of organising a Mexican business mission to India during the first quarter of 2027.<\/p>\n<p>\u201cThe proposed mission would facilitate business-to-business meetings, help identify commercial opportunities and strengthen commercial ties between the productive sectors of the two countries,\u201d the government said.<\/p>\n<\/div>\n<div class=\"update-publish-time article-published-time-end\">\n<p class=\"publish-time-new\"> Published <span>&#8211; October 28, 2026 07:51 pm IST<\/span><\/p>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.thehindu.com\/business\/Economy\/india-and-mexico-sign-terms-of-reference-for-preferential-trade-agreement-negotiations-to-begin\/article71635915.ece\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mexico and India take an important step towards strengthening their economic and trade relations | Photo Credit: MicroStockHub India and Mexico on Wednesday signed the Terms of Reference (ToR) to start negotiations on a trade deal between the two countries, the government announced following the signing in Mexico. The signing of the ToR follows an [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":60882,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-60881","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"_links":{"self":[{"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/posts\/60881","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/comments?post=60881"}],"version-history":[{"count":0,"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/posts\/60881\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/media\/60882"}],"wp:attachment":[{"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/media?parent=60881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/categories?post=60881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/tags?post=60881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}