Piyush Goyal: Commerce Secy to visit Mexico next week, trade deal with Peru unlikely
CNBC-TV18 1 hr ago·25 Sept 2026, 8:22 am
Commerce Secretary Piyush Goyal is scheduled to visit Mexico next week, marking a key step in India's efforts to expand its trade footprint in Latin America. This visit comes alongside the upcoming G20 summit in Brazil, where regional economic ties are expected to be a major topic of discussion.
This development is significant for investors as it highlights India's strategic pivot towards diversifying its export markets beyond traditional partners. Strengthening ties with Latin American nations can provide new growth avenues for Indian businesses and reduce reliance on any single region.
Investors should watch for any announcements regarding specific trade agreements or investment pacts during the visit. While a deal with Peru is currently considered unlikely, progress in Mexico could signal a broader trend of India seeking deeper economic integration with the Global South.
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