• India-Mercosur Trade To Touch $10 Bln. In 5-Years

    India's Preferential Trade Agreement or PTA with Mercosur came into existence from June 1, 2009. During the fiscal year 2008, India had exported around $2,904.80 million and imports of around $1,868.39 million, taking the total trade to $4,773.19 million. The combined trade between India and Mercosur is expected to more than double to $10 billion in the next five years.