New Delhi, February 21 India and Brazil on Saturday set a bilateral trade target of over USD 20 billion in the next five years, following extensive talks between Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula Da Silva, focusing on critical minerals and security.
Modi stated that the relationship between India and Brazil has long benefited from President Lula's visionary outlook and inspiring leadership.
He also noted that Brazil is India's largest trade partner in Latin America.
"We are committed to taking India-Brazil trade beyond USD 20 billion in the next five years," the Prime Minister said in his media statement following the talks.
He asserted that when India and Brazil work together, the voice of the Global South becomes stronger.
Modi also said that both countries agree that terrorism and its supporters are enemies of the entire humanity.
