Скачать или смотреть India, Brazil set USD 30 bn trade target, review impact of US tariff ruling

India and Brazil have set an ambitious bilateral trade target of USD 30 billion by 2030 following talks between Prime Minister Narendra Modi and President Luiz Inácio Lula da Silva.
The leaders also discussed the implications of the US Supreme Court’s ruling on reciprocal tariffs and recent shifts in US trade policy.

Both sides signed nine agreements spanning rare earth minerals, critical minerals, digital partnership, mining, MSMEs, healthcare, and traditional knowledge systems. The discussions also highlighted cooperation in defence, energy, and digital public infrastructure.

In 2024–25, India–Brazil trade reached USD 12 billion, reflecting steady growth in economic engagement.

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