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Key Points

PM Modi and Brazil's President Lula discussed expanding cooperation in trade, energy, and technology during a phone call. The leaders reaffirmed their commitment to strengthening the India-Brazil strategic partnership. The conversation comes amid rising US tariffs on both nations over Russian oil imports. Modi emphasized the importance of Global South collaboration for mutual benefit.

Key Points: Modi and Brazil's Lula Agree to Boost Trade Energy Tech Ties

  • Modi and Lula reaffirm commitment to deepen India-Brazil strategic ties
  • Leaders discuss cooperation in trade, energy, and defence sectors
  • Call follows US tariff hikes on Indian and Brazilian goods
  • Both nations emphasize Global South solidarity amid global economic tensions
2 min read

PM Modi receives call from Brazil President, two leaders agree to enhance cooperation in trade, energy, technology

PM Modi and Brazil President Lula discuss strengthening strategic partnership in trade, energy, and technology amid global tariff tensions.

"A strong, people-centric partnership between Global South nations benefits everyone. – PM Narendra Modi"

New Delhi, August 7

Prime Minister Narendra Modi received a telephone call from Brazil, Luiz Inacio Lula da Silva, on Thursday, with the two leaders exchanging views on various regional and global issues of mutual interest and reiterating their commitment to take the Strategic Partnership to new heights.

A PMO release said Prime Minister recalled his visit to Brazil last month during which the two leaders agreed on a framework to strengthen cooperation in trade, technology, energy, defence, agriculture, health and people-to-people ties.

Building on these discussions, they reiterated their commitment to take the India-Brazil Strategic Partnership to new heights.

"The two leaders exchanged views on various regional and global issues of mutual interest. The two leaders agreed to remain in touch," the release said.

In his post on X on his telephone talk with the Brazilian President, PM Modi said that a strong, people-centric partnership between Global South nations benefits everyone.

He said the two countries are committed to deepening their Strategic Partnership in trade, energy, tech, defence,and other areas.

"Had a good conversation with President Lula. Thanked him for making my visit to Brazil memorable and meaningful. We are committed to deepening our Strategic Partnership including in trade, energy, tech, defence, health and more. A strong, people-centric partnership between Global South nations benefits everyone", PM Modi said in a post on X.

The telephone call took place a day after US President Donald Trump hiked tariffs on Indian goods to 50 per cent over the country's import of Russian oil. Brazil also faces similar tariffs from the United States.

Ministry of External Affairs had said that the United States' move to impose additional tariffs on India over its oil imports from Russia as "unfair, unjustified and unreasonable" and that New Delhi will take "all actions necessary to protect its national interests".

The Brazilian President had said on Wednesday that he will not call US President Donald Trump to negotiate with him over tariffs but will invite him to the COP.

He had said he would call PM Modi and Chinese President Xi Jinping.

- ANI

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Reader Comments

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Priya S
While I appreciate the diplomatic efforts, I hope these agreements actually translate to benefits for common people. We've seen many MoUs signed but implementation is often slow. More focus needed on actual trade growth and job creation.
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Arjun K
Brazil is a natural partner for India - both large democracies with growing economies. The energy cooperation is especially promising given Brazil's expertise in biofuels and our renewable energy goals. Smart move by PM Modi!
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Sarah B
Interesting timing with the US tariff situation. Shows India is wisely diversifying its partnerships rather than being dependent on any single country. The Global South needs to create its own economic ecosystem.
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Kavya N
Hope the defense cooperation includes technology transfer too. Brazil has good indigenous defense manufacturing capabilities that we could learn from. Jai Hind!
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Vikram M
The US tariffs are bullying tactics, plain and simple. Good that India and Brazil are standing together. We should explore rupee-real trade to bypass dollar dependence. Time for new economic alliances!

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