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India, Brazil to boost trade to $20bn and increase defense cooperation

India, Brazil to boost trade to $20bn and increase defense cooperation

Nikkei Asia2 days ago
Indian Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva discussed defense and trade in Brasilia on Tuesday. © Reuters
NIKI MIZUGUCHI and SATOSHI IWAKI
SAO PAULO/BRASILIA -- Brazilian President Luiz Inacio Lula da Silva and Indian Prime Minister Narendra Modi met in Brasilia on Tuesday, agreeing to boost bilateral trade by 70% to $20 billion over the next five years and increase defense cooperation.
Modi made an official visit to the Brazilian capital after attending a BRICS summit in Rio de Janeiro on Sunday and Monday.
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