India, Argentina advance pharma, farm market access as bilateral trade tops $6.5 bn
India and Argentina will enhance market access for Indian farm and medicine products. Technical talks are progressing on agricultural exports and pharmaceutical regulatory upgrades. Bilateral trade has surpassed six point five billion dollars, showing significant growth. Both nations are exploring investment opportunities in mining and energy sectors. Cooperation in aviation and space technology…
India and Argentina bolstered bilateral trade ties, with the former pledging to ease pharmaceutical and agricultural market access in the South American nation. Commerce Secretary Rajesh Agarwal's visit to Buenos Aires laid the foundation for improved access to affordable healthcare through upgrading India from Annex II to Annex I under the pharmaceutical regulatory framework.
The meeting, held during the India-Argentina Joint Trade Committee on August 24, 2026, also discussed vast investment opportunities in mining, energy, and infrastructure, with KABIL's lithium mining activities in Catamarca progressing significantly. Emerging sectors like aviation, space technology, telecommunications, and digital services were also identified as potential growth areas, particularly in 5G, artificial intelligence, and digital infrastructure.
The India-Mercosur Preferential Trade Agreement (PTA), in effect since June 1, 2009, aims to facilitate cross-border commerce with progress on Terms of Reference and digital certificates of origin.
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