India and Brazil Strengthen Trade Relations by Expanding Mercosur Pact

On October 16, 2025, India and Brazil enhanced their economic ties by expanding the Mercosur trade pact, aiming to boost bilateral trade and collaboration.

India and Brazil agreed to broaden the existing preferential trade agreement with the Mercosur bloc, which includes Argentina, Paraguay, and Uruguay.
The expansion is expected to lower tariff barriers, enhancing trade opportunities and economic cooperation between New Delhi and Brazil.
Geraldo Alckmin, Brazils Vice President, emphasized the importance of this agreement in strengthening relations with India and promoting mutual economic growth.

Por Qué Es Relevante

This agreement signifies a strategic move for India and Brazil to deepen economic relations and could set a precedent for future trade agreements within the Mercosur framework, impacting global trade dynamics.