Modi-Lula Summit 2026

India and Brazil Target $20 Billion Trade Milestone Following Modi-Lula Summit

India and Brazil Target $20 Billion Trade Milestone Following Modi-Lula Summit

New Delhi (Rajeev Sharma): Prime Minister Narendra Modi and Brazilian President Luiz Inácio Lula da Silva have charted an ambitious economic roadmap, setting a bilateral trade target of $20 billion over the next five years. During a high-level summit in New Delhi on Saturday, the two leaders held extensive discussions aimed at elevating their strategic partnership. Highlighting Brazil’s status as India’s primary trading partner in Latin America, Prime Minister Modi characterized the burgeoning economic ties as a "reflection of trust" between the two emerging global powers. The bilateral talks focused heavily on technological integration and the expansion of the MERCOSUR…
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