Business2 min
Brazil's Envoy Says India Trade Nears $20 Billion as Ties Enter New Phase
Brazil's ambassador in New Delhi says the two countries are heading into a fresh chapter built on trade, minerals, defence, and AI ahead of their 80th anniversary.

Brazil and India are moving into a new stage of their relationship, and the numbers are starting to show it. Brazil's Ambassador to India, Kenneth Felix Haczynski da Nóbrega, said on Friday that bilateral trade is expected to soon reach USD 20 billion. He made the remarks at an event marking Brazil's National Day.
The timing matters. The two countries are approaching the 80th anniversary of their diplomatic relations, and the ambassador framed the moment as a turning point. Political will and a steady rise in business ties, he argued, are giving the partnership fresh momentum.
Trade is only part of the story. The ambassador pointed out that India has become Brazil's fifth-largest trading partner. Talks to widen the trade agreement between India and the Southern Common Market, known as MERCOSUR, have made concrete progress. Brazilian companies are also growing their footprint in India, with aerospace manufacturer Embraer cited as a notable new entrant. Indian firms, for their part, have built up investments in Brazil totalling USD 10 billion, he said.
Beyond commerce, the envoy highlighted cooperation in sectors that will shape the next decade. He said the two nations are working together on energy, defence, agriculture, healthcare, digital infrastructure, and artificial intelligence. Brazil has agreed to align efforts on rare earths and critical minerals, and the countries have launched new partnerships in pharmaceutical research and a broad digital initiative. He also credited more than 150 business and technology missions exchanged over the past three years for driving the momentum.
The envoy also took a moment to praise India's leadership of BRICS, saying Brazil worked in full alignment with New Delhi during its chairmanship. On climate, the two countries have deepened ties since COP30, with Brazil taking a co-chair role alongside India in the Coalition for Disaster Resilient Infrastructure and the Global Biofuels Alliance. Recent state visits by Prime Minister Narendra Modi to Brazil in 2025 and by President Luiz Inácio Lula da Silva to India this year, he noted, gave the agenda high-level backing.
For everyday readers, the message is simple: a deeper trade relationship between two of the world's major emerging economies can translate into new investment, jobs, and products. Whether the USD 20 billion target arrives on schedule will depend on how quickly the trade deal expands and how the new minerals and digital partnerships take shape. For now, both capitals are signalling that the relationship is ready for its next big step. Read the original report.
FiledArtificial IntelligenceUnited NationsNarendra ModiUnited StatesIndiaG20


