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PM Modi, Brazilian President talk trade ties, diversification

"The bilateral meeting with my good friend President Lula will invigorate India-Brazil ties. We've set an ambitious trade target of USD 20 billion over the coming five years. This will boost economic linkages. Equally important were the discussions on strengthening people-to-people ties, especially through sports and tourism," PM Modi posted on X

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Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva. Pic/X

Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva. Pic/X

Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva held a meeting at the Alvorada Palace on Tuesday (local time). During the meeting, the leaders discussed ways to deepen trade ties and diversify trade. PM Modi stated that he and President Lula agree that there is immense scope for such linkages to thrive in the coming times.

In a post on X, PM Modi wrote, "Held fruitful talks with President Lula, who has always been passionate about India-Brazil friendship. Our talks included ways to deepen trade ties and also diversify bilateral trade. We both agree that there is immense scope for such linkages to thrive in the coming times."

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