PM Modi appreciated President Lula’s “visionary leadership” in strengthening India-Brazil relations and thanked him for participating in the AI Impact Summit | Image: X/@MEAIndia
Prime Minister Narendra Modi on Saturday held bilateral talks with Brazilian President Luiz Inacio Lula da Silva. After the meeting, PM Modi said that both nations are determined to raise bilateral trade beyond $20 billion over the next five years.
Speaking at a joint news conference, PM Modi said the talks aimed at “moving forward across all sectors in the spirit of shared purpose.” He appreciated President Lula’s “visionary leadership” in strengthening India-Brazil relations and thanked him for participating in the AI Impact Summit held in New Delhi. He said that India-Brazil efforts strengthen the voice of the Global South.
PM Modi added that both countries agree that terrorism and its supporters are enemies of all of humanity.
The Prime Minister described Brazil as India’s “largest trading partner in Latin America” and noted that the visit of a large Brazilian business delegation reflects the confidence in bilateral economic cooperation. He added that the expansion of the India-MERCOSUR (Southern Common Market) trade agreement would further strengthen ties.
PM Modi also pointed to technological collaboration, noting efforts to set up a “Centre of Excellence for Digital Public Infrastructure in Brazil” and advancing work in “artificial intelligence, supercomputers, semiconductors and blockchain.” He stressed that technology should be “inclusive” and serve as a bridge for shared progress.
Also Read
Brazilian President Luiz Inacio Lula da Silva pays tributes at Rajghat
Delhi AQI improves to ‘moderate’ as temperature continues to rise
Weather today: Heavy rain likely over South India; mercury to rise in North
Trump invokes 1974 trade law to impose 10% global tariff after SC setback
India, Brazil set to sign pharma, aerospace, trade pacts during Lula visitpremium
Energy cooperation was also highlighted as a key pillar of the partnership. The Prime Minister mentioned efforts to accelerate collaboration in renewable energy, ethanol blending and sustainable aviation fuel. He lauded Brazil’s active role in the Global Biofuel Alliance and welcomed its proposal to co-chair the Coalition for Disaster Resilient Infrastructure, saying the country’s “extensive experience” would strengthen the initiative.
Earlier, Modi and Lula held delegation-level talks attended by External Affairs Minister S Jaishankar, Commerce Minister Piyush Goyal, National Security Advisor Ajit Doval, Foreign Secretary Vikram Misri and other senior officials.
The Brazilian President, who had arrived in India on February 19 to attend the AI Impact Summit, received a ceremonial welcome at Rashtrapati Bhavan, where he was also given a Guard of Honour. PM Modi and President Droupadi Murmu were present during the ceremony. President Lula da Silva also paid tributes to Mahatma Gandhi at Rajghat.
Brazilian President Luiz Inacio Lula da Silva has come with a large delegation of top CEOs, who are expected to participate in a business forum to explore investment and trade opportunities. The visit follows PM Modi’s July 2025 trip to Brasilia, the first by an Indian Prime Minister in more than 50 years.
(With inputs from agencies)
More From This Section
India faces reduced 10% US tariff after Trump announces new global levy
Near-term outlook favourable to sustain high growth, says RBI report
India-US interim trade pact may be rolled out in April: Piyush Goyal
Govt publishes handbook on employer compliance under Labour Codes
NITI Aayog seeks major overhaul of India’s apprenticeship ecosystem
Read more on Business Standard
