| Event | Details |
|---|---|
| State Visit to Brazil | Prime Minister Narendra Modi visited Brazil on July 9, 2025, aiming to enhance India-Brazil relations. |
| Bilateral Trade Goal | Modi announced a target to increase India-Brazil bilateral trade to $20 billion by 2030, up from the current $12.2 billion. |
| Joint Press Conference | Held in Brasilia alongside Brazilian President Luiz Inacio Lula da Silva, PM Modi outlined plans to deepen economic cooperation and strategic ties. |
| Mercosur Preferential Trade Agreement | Modi emphasized expanding the Mercosur trade agreement, which includes Brazil, Argentina, Paraguay, and Uruguay, to include more products and enhance market access for Indian exporters. |
| Sectors for Expansion | Modi highlighted sectors like Agriculture and food processing, Agri-tech, Digital public infrastructure, and Space technology for collaboration. |
| UPI Adoption in Brazil | Modi announced the adoption of India's Unified Payments Interface (UPI) in Brazil, following its success in Singapore and UAE. |
| Grand Collar of the National Order | President Lula conferred Brazil's highest civilian honour, the Grand Collar of the National Order of the Southern Cross, on PM Modi, recognizing his contributions to bilateral relations and global cooperation. |
| Pharmaceutical Access | Brazil welcomed cost-effective Indian pharmaceuticals, including proposals to establish pharma manufacturing hubs in Brazil. |
| Visa Liberalisation Talks | Discussions aimed at liberalizing visas for Indian tourists and business professionals were positively received. |
| Critical Minerals and Rare Earths | India expressed interest in Brazil's rare earth elements, critical for electronics, defense manufacturing, EV battery production, and space technology. Proposals included Indian investments or joint ventures for mining and processing. |
| MoUs Signed | 1. Intelligence sharing on terrorism and transnational crime.<br>2. Biofuel cooperation, including ethanol-blended fuel development.<br>3. Partnership on renewable energy technologies. |
| Future Agreements | Upcoming MoUs include agricultural research collaborations, exchange of classified strategic information, and cooperation on Intellectual Property (IP) systems. |
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