Industry Newsdigital public infrastructurerare earthsrenewable energy

India and Brazil Set $20 Billion Trade Target

||By LDS Team
6.1
Relevance Score
India and Brazil Set $20 Billion Trade Target
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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.

Key Points

  • 1Set a $20 billion bilateral trade target within five years and signed three strategic MOUs.
  • 2Expanded cooperation on digital, critical minerals, and energy to strengthen supply chain resilience and technology ties.
  • 3Invite business engagement through delegation visits and forums to pursue mining, renewable, and digital partnerships.

Scoring Rationale

Official state-level agreements and clear sectoral commitments; limited global novelty and primarily bilateral, region-focused impact.

Sources

Public references used for this report.

3 sources

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