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India-MERCOSUR Trade Agreement



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Syllabus of the Subject: India-MERCOSUR Preferential Trade Agreement

  1. Introduction to the Preferential Trade Agreement between India and the MERCOSUR
  2. Origin of Goods under the Preferential Trade Agreement
  3. Foreign Trade (Import, Export) between India and the member countries of the MERCOSUR
  4. Business Opportunities created by the agreement
  5. Safeguard Measures
  6. Dispute Resolution Procedure of the Preferential Trade Agreement
The Subject “India-MERCOSUR Preferential Trade Agreement” belongs to the following Online Higher Education Programs taught by EENI Global Business School:
  1. Masters: Business in Asia, America, International Business, Foreign Trade, Economic Relations
  2. Doctorates: American Business, Asian Business, World Trade
  3. Courses: Business in India, South America, Hinduism and Business

India, Master, International Business, Foreign Trade Masters and Doctorates in International Business for the Indian Students

Online Students, Master in International Business and Foreign Trade

Learning materials in Courses, Masters, Doctorates in International Business in English or Study Master Doctorate Business in Spanish MERCOSUR-India Study, Master in International Business in French Inde Masters Foreign Trade in Portuguese MERCOSUL

Sample of the Subject: India-MERCOSUR Preferential Trade Agreement (PTA)
India-MERCOSUR Preferential Trade Agreement (Course)

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Description of the Subject: India-MERCOSUR Preferential Trade Agreement (PTA).

The objective of the Preferential Trade Agreement is to expand and strengthen the bilateral trade relations between the MERCOSUR (Argentina, Brazil, Paraguay, and Uruguay) and India and promote the international trade growth by granting a reciprocal fixed tariff preferences with the final objective of creating a free-trade area between the MERCOSUR and India.

The major sectors covered under the India-MERCOSUR Preferential Trade Agreement are meat, chemicals, leather products, iron and steel products, machinery items, and electrical machinery.

The India-MERCOSUR Preferential Trade Agreement (PTA) came into force in 2009.

The India-SACU Preferential Trade Agreement combined with the India-MERCOSUR and the Southern Africa Customs Union-MERCOSUR; it is envisioned that this will eventually lead to a free trade agreement (FTA) between India, the Southern Africa Customs Union and the MERCOSUR (a large 'free-trade area of the South').

Foreign Trade India-MERCOSUR

  1. Indian Exports to the Southern Common Market (MERCOSUR) were USD 2.25 billion
  2. Top Indian export products to Argentina: organic chemicals, pharmaceuticals, vehicles, clothing and accessories, plastics, hydrocarbons and mineral oil products, and steel
  3. Top Indian export products to Brazil: hydrocarbons, mineral oils, organic chemicals, pharmaceuticals, nuclear reactors, boilers, machinery and mechanical parts and instruments, vehicles, and articles of plastics
  4. From India to Paraguay and Uruguay, the top exported products are organic chemicals, essences, perfumes, pharmaceuticals, vehicles, electrical machinery, snuff, and clothing

The MERCOSUR belongs to the Latin American Economic Area ( Western Civilisation) and India to the Hindu Economic Area.

Member countries of the Southern African Customs Union (SACU): Botswana, Lesotho, Namibia, South Africa, and Swaziland

  1. Indian Free Trade Agreements: Sri Lanka, Thailand, Indonesia, Singapore, ASEAN, South Korea, European Union, New Zealand, Africa-India, Mauritius, Canada, Australia, Gulf Cooperation Council, SACU, SAARC, BIMSTEC, IORA, APTA, ACU, EFTA, Chile, Andean Community...
  2. MERCOSUR Free Trade Agreements (FTA): Egypt, European Union, Southern African Customs Union, Andean Community, Mexico, Peru, Chile, ALADI...


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