INDIA–MEXICO TRADE DEAL

NEWS: India and Mexico signed the Terms of Reference (ToR) to begin negotiations for a proposed Preferential Trade Agreement (PTA).

TERMS OF REFERENCE (ToR)

  • Defines the scope, framework + roadmap for negotiations.
  • Signing ToR marks the beginning of negotiations, not the conclusion of a trade agreement.
  • Objective: Expand bilateral trade + economic opportunities.

ABOUT MEXICO

  • Official Name: United Mexican States.
  • Capital: Mexico City.
  • Location: Southern North America.
  • Political System: Federal Republic.
  • Economy: Major Latin American economy.

BORDERS

  • North: USA.
  • Southeast: Guatemala + Belize.
  • West + South: Pacific Ocean.
  • East: Gulf of Mexico + Caribbean Sea.

GEOGRAPHICAL FEATURES

  • Pacific Ring of Fire: Seismic + volcanic activity.
  • Mountain Ranges: Sierra Madre Occidental + Oriental.
  • Volcanic Belt: Trans-Mexican Volcanic Belt.
  • Volcanoes: Popocatépetl + Citlaltépetl (Pico de Orizaba).
  • Physiographic Regions: Mexican Plateau, Yucatán Peninsula + Baja California Peninsula.
  • Rivers: Río Bravo (Rio Grande), Grijalva + Balsas.