Latest Mercosur News & Updates

New Delhi, March 29 (IANS) Commerce and Industry Minister Piyush Goyal on Sunday discussed the issue of strengthening India’s trade and investment relations with Africa at a meeting with the ministers and ambassadors of African countries on the sidelines of the WTO ministerial conference in Cameroon. “Had a meaningful engagement with ministers and ambassadors of the Africa Group members on the sidelines of the 14th ministerial conference of the World Trade Organisation (WTO MC14). Held substanti…

New Delhi, March 9 (IANS) Commerce and Industry Minister Piyush Goyal said on Monday that India’s Free Trade Agreements (FTAs) are opening new opportunities for the pharmaceutical, healthcare, and medical technology sectors, while enabling the country to strengthen its position in global trade.Addressing the post-Budget Webinar 2026 on ‘Sabka Saath Sabka Vikas: Fulfilling Aspirations of People’, Goyal said that under the leadership of Prime Minister Narendra Modi, India has signed a total of n…

New Delhi, Feb 21 (IANS) Hailing the “win-win partnership” between India and Brazil, Prime Minister Narendra Modi on Saturday emphasised that both countries remain dedicated to enhancing their relationship across all sectors and are committed to increasing bilateral trade to over $20 billion.Addressing a joint press meet with Brazilian President Luiz Inacio Lula da Silva following the delegation-level talks at Hyderabad House in New Delhi, PM Modi highlighted that India-Brazil ties have benefite…

Mumbai, Feb 14 (IANS) The European Union should move quickly to provisionally apply the EU–Mercosur Interim Trade Agreement and expedite provisional application of the EU–India free trade agreement to respond to urgent geopolitical pressures including from United States, a new report has said.”The agreements with Mercosur and India would create the world’s two largest free trade zones and send a strong statement of enhanced cooperation between democracies in this age of great power rivalry…

New Delhi, Feb 4 (IANS) Brazil’s President Luiz Inacio Lula da Silva’s upcoming visit to India is expected to significantly strengthen bilateral ties amid a rapidly changing global order, Brazilian Ambassador to India Kenneth H. da Nobrega has said, underlining growing coordination between the two countries on trade, technology and geopolitics.In an exclusive interview with IANS, Ambassador da Nobrega noted that President Lula’s visit comes less than a year after Prime Minister Narendra Modi’s t…

United Nations, Jan 30 (IANS) UN Secretary-General Antonio Guterres said on Thursday that he sees “a lot of positive expectations” from the recent free trade agreement between India and the European Union, and it could contribute to global multi-polarity. On Tuesday, India and the EU announced the free trade agreement, which EU President Ursula von der Leyen called the “mother of all trade deals”.During his annual news conference to discuss his priorities for the year, Guterres stressed …

Washington, Jan 29, (IANS) The International Monetary Fund (IMF) on Thursday described the India–European Union (EU) Free Trade Agreement (FTA) as a positive development, noting that it reflects countries’ efforts to deepen economic integration amid rising global trade tensions and uncertainty.Responding to questions during a briefing on emerging market economies, IMF Economic Counsellor and Director of Research Pierre-Olivier Gourinchas said recent trade agreements show that governments are s…

New Delhi, Jan 28 (IANS) Brazilian President Luiz Inacio Lula da Silva has confirmed that he will make an official visit to India in February, after which he will travel to Washington to meet US President Donald Trump.Lula said in a post on X that he spoke to President Trump by telephone and the two leaders agreed on a meeting in Washington after his visits to India and South Korea in February, with dates to be finalised soon.Earlier this month, Prime Minister Narendra Modi received a telephone …

Paris, Jan 13 (IANS) Farmers in France drove some 350 tractors through Paris on Tuesday for the second time in a week to protest against an EU-Mercosur trade deal and low incomes. The farmers entered Paris with their tractors shortly after 6 a.m. (local time) through Porte Dauphine, escorted by police, and travelled through Avenue Foch towards the Arc de Triomphe before driving along the Champs-Elysees, Euro News reported.The farmers crossed the Seine River to reach the National Assembly. The pr…

Foz Do Iguacu, Dec 21 (IANS) Brazilian President Luiz Inacio Lula da Silva said Saturday that an armed intervention in Venezuela would be “a humanitarian catastrophe” for the region and set a dangerous precedent for the world.Speaking at the 67th Summit of Heads of State of Mercosur and Associated States, Lula referred to US threats and actions against Venezuela, including a naval blockade and military pressure on the Caribbean nation, Xinhua news agency reported.Latin America is shocked by “the…