Finance
Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva met at Hyderabad House in New Delhi on Saturday to discuss ways to boost bilateral ties.
Earlier in the day, the Brazilian President paid tribute to Mahatma Gandhi at Raj Ghat.
External Affairs Minister (EAM) S. Jaishankar also met with Brazilian President Lula and discussed measures to strengthen the Strategic Partnership between the two countries.
The EAM expressed hope that the Brazilian President’s meeting with Prime Minister Narendra Modi later in the day will reenergize bilateral relations.
Following the meeting, EAM Jaishankar took to X and said, “Honoured to call on President Luiz Inacio Lula da Silva of Brazil, visiting India on a State Visit. Deeply appreciate his warm sentiments and guidance on advancing our Strategic Partnership.”
“Confident that his meetings with PM Narendra Modi later today will impart a new momentum to our ties,” he added.
Earlier, the Ministry of External Affairs (MEA) had stated that PM Modi and Brazilian President Lula would be reviewing the entire gamut of bilateral relations.
“The Prime Minister is scheduled to host a lunch in honour of the visiting dignitary. The two leaders would also be exchanging views on regional and global issues of mutual interest, including cooperation in multilateral fora, reformed multilateralism, global governance and issues concerning the Global South,” the Ministry said.
President Lula arrived in India on February 18 for the 2nd AI Impact Summit.
He is accompanied by about 14 ministers and a large delegation of top CEOs of Brazilian companies. The accompanying ministers would be having meetings with their Indian counterparts.
This is the sixth visit of President Lula to India.
“He had first visited India in 2004 as the Guest of Honour for Republic Day celebrations, and last visited India for the G20 Summit in September 2023. Both Prime Minister Narendra Modi and President Lula have, however, been meeting frequently in between. It may be recalled that Prime Minister Modi was in Brasilia on a State Visit from 7-8 July 2025, which was the first State Visit by an Indian Prime Minister in the last 57 years. Both leaders also met in Johannesburg during the G20, in November 2025,” the MEA stated.
India and Brazil share a warm, close and multi-faceted Strategic Partnership, rooted in shared democratic values, close people-to-people ties and expanding cooperation across key sectors. The two large democracies have been Strategic Partners since 2006.
“Brazil is India’s largest trading partner in LAC region and bilateral engagement has continued to deepen in areas such as trade and investment, defence, energy, agriculture, health and pharmaceuticals, energy, including renewables, critical minerals, rare earth materials, science and technology and innovation, including in cooperation in the field of Digital Public Infrastructure (DPI) and AI, space and people-to-people linkages. The two countries share common views on various international issues, including UN reforms, climate change and combating terrorism.”
The MEA emphasized that President Lula’s State Visit will provide an opportunity for both sides to chart a forward-looking agenda for further strengthening bilateral Strategic Partnership and deepening cooperation on mutually beneficial issues across bilateral, regional, and global platforms.
Source: IANS
