According to Commerce Secretary Rita Teaotia, India should re-examine its preferential trade agreement (PTA) with Mercosur for deepening the bilateral economic exchanges between the two regions.
“The bilateral trade flow could increase several fold if the PTA were to be re-structured in keeping with the emerging opportunities for trade expansion,” Teaotia said.
The commerce secretary was addressing the inaugural session here of the sixth India-Latin America and Caribbean (LAC) two-day conclave organised by the Confederation of Indian Industry (CII).
.jpg)
