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India seeks trade pact with MERCOSUR
India is soon going to launch negotiations to have a comprehensive economic cooperation agreement (CECA) with Latin American trading bloc MERCOSUR even as it looks to “expedite” the talks to have a preferential trade agreement with the South African Customs Union (SACU). In order to boost South-South trade, India, SACU and MERCOSUR are also planning to have a trilateral trade agreement soon.
