India and
Brazil exchanged eleven agreements following talks between Prime Minister
Narendra Modi and Brazil President Jair Bolsonaro in New Delhi today. The
agreements relate to several key areas including health, bio-energy
cooperation, cultural exchange, geology and mineral resources.
Delivering
his statement after the talks, Mr. Modi said this visit signifies growing ties
between the two countries. He said, it is a matter of pride that President
Bolsonaro is the chief guest of the Republic Day parade this year. The Prime
Minister added that India and Brazil’s strategic partnership is based on shared
ideals.
He said, both nations work in tandem in several international fora and are partners in each other’s developmental journey. He said, the focus is being made to increase defence industrial cooperation.
He said, that there is high potential for growth in bilateral trade, and as developing countries, India and Brazil share similar views on multi-lateral issues including terrorism.