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Home»Latest»$20 billion target, 6 agreements: Historic expansion in India-Brazil cooperation
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$20 billion target, 6 agreements: Historic expansion in India-Brazil cooperation

India AwareBy India AwareJuly 9, 20256 Comments2 Mins Read
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India and Brazil have signed six important agreements, including counter-terrorism, renewable energy, digital solutions, intellectual property, agricultural research and confidential information security. These agreements will give impetus to strategic cooperation between the two countries.

In the bilateral talks between Prime Minister Narendra Modi and Brazilian President Lula da Silva, a target has been set to increase bilateral trade to $20 billion in the next five years. In the meeting, there was a detailed discussion on expanding cooperation in various fields including trade, defense, health, space, renewable energy and digital infrastructure.

The two leaders agreed on a policy of “zero tolerance and zero double standards” against terrorism. New cooperation opportunities in critical minerals, emerging technologies, artificial intelligence and supercomputing were also emphasized.

Prime Minister Modi was conferred with Brazil’s highest national honour, the ‘Grand Collar of the National Order of the Southern Cross’ by President Lula. In his address, Prime Minister Modi expressed gratitude for the solidarity shown by Brazil in the aftermath of the terror attack in Pahalgam, Jammu and Kashmir.

The Prime Minister said that the India-Brazil partnership is an important pillar of global stability and both countries agree that disputes must be resolved through dialogue and diplomacy. He also underlined that the cooperation between the two countries is relevant not only for the Global South but for the entire humanity.

While accepting the honour, Prime Minister Modi expressed his gratitude on behalf of 1.4 billion Indians and invited President Lula to visit India. He expressed his gratitude by saying “Muito Obrigado” (many thanks) in Portuguese.

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