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Target Deadline
Goal for achieving the $30 billion bilateral trade milestone.
$30B Target Announced
Official announcement of the ambitious $30 billion trade target for 2030.
Critical Minerals Deal
PM Modi and President Lula sign the agreement to boost rare earth cooperation.
AI Impact Summit
President Lula addresses AI governance in Delhi before bilateral talks.
Aerospace Partnership
Embraer and Adani Group announce plans to build aircraft in India.
US Tariff Pressure
Both India and Brazil hit by US tariffs, prompting a shift toward Global South cooperation.
Record Trade Year
Bilateral trade reaches historic highs following post-pandemic recovery and energy demand.
Strategic Partnership
India and Brazil formally establish a Strategic Partnership to enhance economic ties.
India and Brazil have established a strategic roadmap to double their bilateral trade volume to $30 billion by 2030. This initiative focuses on diversifying trade beyond traditional commodities into high-value sectors like defense, energy, and pharmaceuticals, necessitating a significant overhaul of trans-Atlantic maritime and air logistics corridors.
India and Brazil have signed a landmark agreement to cooperate on critical minerals and rare earths, aiming to reduce dependence on Chinese monopolies. The deal strengthens 'Global South' supply chain resilience amid shifting trade policies and recent tariff pressures from the United States.