Industry Newsdigital public infrastructurerare earthsrenewable energy
India and Brazil Set $20 Billion Trade Target
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6.1
Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva met in New Delhi on Saturday, set a target to raise bilateral trade to $20 billion within five years, and signed three MOUs on digital partnership, rare earths/critical minerals, and mining supply chains. They agreed to deepen cooperation on digital public infrastructure, AI, semiconductors, renewable energy, and sustainable fuels, and plan business forums to expand commercial ties.
Scoring Rationale
Official state-level agreements and clear sectoral commitments; limited global novelty and primarily bilateral, region-focused impact.
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