31-October-2026
Economy News
 
India-Brazil bilateral trade set to reach $20 bn with focus on critical minerals, AI, defence: Envoy
31-Oct-2026

Brazil's Ambassador to India, Kenneth Felix Haczynski da Nobrega, on Friday highlighted the growing strategic and economic partnership between the two countries, saying bilateral trade is expected to soon reach USD 20 billion, with cooperation expanding across critical minerals, defence, energy, pharmaceuticals and artificial intelligence. Addressing an event to celebrate Brazil's National Day, the envoy said the two countries were entering a new phase of bilateral engagement ahead of the upcoming 80th anniversary of diplomatic relations, with political commitment and growing business ties providing fresh momentum to the partnership.

News Source:- https://economictimes.indiatimes.com/news/economy/foreign-trade/india-brazil-bilateral-trade-set-to-reach-20-bn-with-focus-on-critical-minerals-ai-defence-envoy/articleshow/135383999.cms