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Modi, Lula Strengthen Ties, Aim to Boost India-Brazil Trade Beyond $20 Billion

Prime Minister Narendra Modi welcomed Brazilian President Luiz Inacio Lula da Silva in New Delhi, with their talks covering the full spectrum of bilateral ties. The leaders committed to deepening the trade partnership, aiming to take bilateral trade beyond $20 billion in the next five years. Cooperation was also discussed in areas like technology, AI, semiconductors, energy, agriculture, and defence. Both leaders emphasized that their partnership strengthens the voice of the Global South on the international stage.

Key Points: Modi, Brazil's Lula Meet, Target $20B+ Trade & Global South Voice

  • Boost trade beyond $20B
  • Cooperation on AI & tech
  • Focus on energy & defence
  • Strengthening Global South voice
2 min read

PM Modi holds talks with Brazilian President on diverse sectors

PM Modi & Brazilian President Lula hold talks on trade, AI, defence & Global South cooperation, aiming to boost bilateral trade beyond $20 billion.

"When India and Brazil work together, the voice of the Global South becomes stronger and more confident. - PM Narendra Modi"

New Delhi, February 21

Prime Minister Narendra Modi on Saturday welcomed Brazilian President Luiz Inacio Lula da Silva and his delegation, and their talks covered the full range of India-Brazil friendship across diverse sectors.

PM Modi said that Silva's presence at the AI Summit has also infused new energy into our strategic partnership.

In a post on X, he said, "India is honoured to welcome President Lula and his delegation, which includes distinguished ministers and business leaders. India-Brazil relations have long benefited from President Lula's vision and inspiring leadership. His presence at the AI Summit has also infused new energy into our strategic partnership. Our talks covered the full range of India-Brazil friendship across diverse sectors."

"Our talks focused on ways to deepen the India-Brazil trade partnership. We are committed to taking bilateral trade much beyond $20 billion in the next five years. Our nations will also work closely in areas such as technology, innovation, Digital Public Infrastructure, AI, semiconductors and more. This will benefit the people of our nation. Other strong pillars of the India-Brazil friendship are sectors like energy, agriculture, critical minerals, education, defence and multilateral issues. Our discussions today also included how to enhance the people-to-people linkages between our nations," he added.

Silva, talking about his meeting with the leaders, said, "It is an honor to be received by Prime Minister Narendra Modi and President Droupadi Murmu at the Presidential Palace in New Delhi."

Modi on Saturday highlighted how the coming together of India and Brazil strengthens the voice of global south in the international arena. He gave a call for reform of international institutions to address contemporary challenges and affirmed the resolve of India and Brazil to work together in that direction.

He made the remarks during a joint presser with Brazilian President Lula here in the national capital.

He added, "India and Brazil's partnership on the global stage has been strong and influential. As democratic nations, we will continue to advance the priorities and aspirations of the Global South. When India and Brazil work together, the voice of the Global South becomes stronger and more confident."

- ANI

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Reader Comments

S
Sarah B
Strengthening ties with major economies like Brazil is crucial. The focus on digital infrastructure and AI collaboration is particularly exciting. It's good to see our foreign policy actively creating avenues for economic growth.
R
Rohit P
$20 billion trade target sounds ambitious but achievable. Brazil has resources we need, and we have tech and services they need. Win-win. More power to the Global South! Let's hope the talks on agriculture benefit our farmers too.
P
Priya S
While the strategic partnership is welcome, I hope there is equal focus on tangible outcomes for common people. Announcements are good, but we need to see real progress in sectors like education and people-to-people exchanges. The proof will be in the implementation.
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Vikram M
Jai Hind! A strong India-Brazil alliance is key to balancing global power dynamics. Reform of international institutions is long overdue. Together, we can ensure the concerns of developing nations are heard loud and clear.
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Kavya N
Collaboration on semiconductors and critical minerals is the most important part for me. We need to secure our supply chains for the future. This partnership could be a game-changer for our manufacturing and tech ambitions.

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