India, Oct. 7 -- The Government of India has issued a release:
India and Brazil have been strong diplomatic partners for more than 75 years now. The two countries have built a close and multifaceted relationship marked by shared democratic values and a commitment to development.
During the State visit of the Hon'ble Prime Minister of India, Shri Narendra Modi to Brazil in July, 2025 and meeting with the President of Brazil, H.E. Mr. Luiz Inacio Lula da Silva, the leaders set a target to increase bilateral trade to USD 20 billion over the next five years. Brazil is the largest trading partner of India in the Latin American and Caribbean region. During the FY 2024-25, the bilateral merchandise trade stood at USD 12.19 bn.
The 7th meeting o...