In a vibrant display of South-South solidarity, Prime Minister Narendra Modi and Brazilian President Lula da Silva convened in New Delhi, charting ambitious paths for bilateral growth. Their discussions spanned trade, tech, energy, and defense, culminating in several MoUs and a unified declaration.
Modi hailed Lula’s visit as a momentum-builder for their strategic alliance, especially amid the AI Impact Summit. Recalling warm exchanges over years, he expressed gratitude for Lula’s steadfast commitment to India-Brazil friendship.
The economic spotlight fell on trade expansion. As Latin America’s top partner for India, Brazil is primed for a trade surge past $20 billion in five years. ‘This isn’t mere commerce; it’s built on trust,’ Modi asserted, noting the accompanying business delegation and Mercosur’s potential.
Innovation drives the agenda. Joint ventures in AI, semiconductors, blockchain, and a Brazil-based Digital Public Infrastructure hub aim to democratize tech benefits globally. Inclusivity in technology was a recurring theme, positioning it as a tool for equitable development.
Renewable energy initiatives shine bright, from ethanol and biofuels to sustainable fuels. Brazil’s Global Biofuels Alliance engagement and CDRI co-chair offer were applauded, enhancing disaster resilience with Brazil’s know-how.
Pacts on critical minerals fortify supply chains, while defense cooperation exemplifies mutual reliance. Agricultural synergies promise food security gains, and expanded pharma supplies plus Ayurveda promotion will advance health outcomes.
Globally, India and Brazil stand as democratic champions for the Global South, advocating dialogue against terrorism and institutional reforms. Modi’s closing words framed the visit as a catalyst for enduring, multifaceted collaboration.