Modi-Lula meet boosts $20 billion India-Brazil trade target, sign crucial minerals deal - News Summed Up

Modi-Lula meet boosts $20 billion India-Brazil trade target, sign crucial minerals deal


We are committed to taking the bilateral trade beyond USD 20 billion in the next five years. In 2024-25, the India-Brazil trade volume reached USD 12 billion, with Indian exports amounting to USD 6.77 billion and imports from Brazil totalling USD 5.43 billion. As democratic countries, we will continue to advance the priorities and aspirations of the Global South," he said. "We emphasised our commitment to the UN reform, particularly of the UN Security Council, so that it represents the interests of the Global South. In the talks, Brazil also proposed to co-chair the India-backed Coalition for Disaster Resilient Infrastructure (CDRI).


Source: The Telegraph February 21, 2026 13:26 UTC



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