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Brazil: PM Modi holds wide-ranging interactions on sidelines of BRICS Summit
Brazil: PM Modi holds wide-ranging interactions on sidelines of BRICS Summit

India Gazette

time08-07-2025

  • Politics
  • India Gazette

Brazil: PM Modi holds wide-ranging interactions on sidelines of BRICS Summit

Rio de Janeiro [Brazil], July 9 (ANI): Prime Minister Narendra Modi held several interactions on the sidelines of the BRICS Summit which took place in Brazil. He held productive interactions with Dilma Rousseff, President of the New Development Bank and former President of Brazil, President Gabriel Boric Font of Chile and UN Secretary General Antonio Guterres. He shared the details through a series of posts on X. 'Productive interaction with Dilma Rousseff, President of the New Development Bank and former President of Brazil', PM said. Upon his meeting with President of Chile, PM Modi underscored the strengthening of India-Chile ties. 'Delighted to have met President Gabriel Boric Font of Chile during the Rio BRICS Summit. India-Chile friendship is getting stronger and stronger!' PM Modi also met the UN Chief on the sidelines of the BRICS Summit. He wrote on X, 'Interacted with Mr. Antonio Guterres, @UN Secretary General, on the sidelines of the BRICS Summit in Rio de Janeiro yesterday.' Earlier on Monday, PM Modi met Uruguay President Yamandu Orsi on the sidelines of the BRICS Summit and discussed the expansion of the India-MERCOSUR Preferential Trade Agreement. 'They reviewed cooperation in the areas of digital collaboration, ICT, Digital Public Infrastructure and UPI, defence, railways, health and pharmaceuticals, agriculture, energy, culture and people-to-people linkages,' the MEA said in a statement. 'A key area of discussion was strengthening bilateral trade and investment. Both sides expressed interest in the expansion of the India-MERCOSUR Preferential Trade Agreement, aiming to unlock greater economic potential and trade complementarities,' it added. While addressing a session on 'Environment, COP-30 and Global Health' at the BRICS Summit in Brazil on Monday, PM Modi said India would redefine the BRICS grouping under its upcoming chairmanship by focusing on 'Building Resilience and Innovation for Cooperation and Sustainability.' 'Under India's BRICS Chairmanship, we will define BRICS in a new form. BRICS would mean 'Building Resilience and Innovation for Cooperation and Sustainability'.' He affirmed that India would carry forward the spirit of people-centric progress during its leadership of the BRICS in the coming year. PM Modi arrived in Brazil on Saturday (local time) after concluding his visit to Argentina, where he held a bilateral meeting with Argentine President Javier Milei. After Brazil, PM Modi will head to Namibia on July 9 and also address its Modi began his five-nation visit on Wednesday in Ghana. From Ghana, PM Modi went to Trinidad and Tobago and then to Argentina. (ANI)

PM Modi shares 'productive interactions' with world leaders during BRICS Summit
PM Modi shares 'productive interactions' with world leaders during BRICS Summit

Hans India

time08-07-2025

  • Politics
  • Hans India

PM Modi shares 'productive interactions' with world leaders during BRICS Summit

Brasilia: Prime Minister Narendra Modi on Tuesday shared glimpses of his meeting with a host of world leaders - including the President of Chile, the UN Secretary General and the former President of Brazil - on the sidelines of the BRICS Summit, in Rio de Janeiro, Brazil, which concluded late Monday night, India time. Sharing details about his meeting with the Chilean President Gabriel Boric Font, PM Modi mentioned the growing friendship between both nations. "Delighted to have met President Gabriel Boric Font of Chile during the Rio BRICS Summit. India-Chile friendship is getting stronger and stronger!," PM Modi posted on X. In April, the Chilean President paid a State Visit to India accompanied by a high-level delegation, including ministers, Members of Parliament, senior officials, business associations, media and prominent Chileans involved in the India-Chile cultural connect. During the visit, which commemorated the completion of 76 years of diplomatic relations between the two countries, both leaders had discussed in detail the historic diplomatic ties that were established in 1949, growing trade linkages, people-to-people linkages, cultural ties and also the warm and cordial bilateral relations between both countries. They had expressed desire for further expanding and deepening of the multifaceted relationship between the two countries in all areas of mutual interests. PM Modi also met the United Nations Secretary General Antonio Guterres in Rio de Janeiro on Monday. Taking to X, PM Modi said, "Interacted with Mr. Antonio Guterres, UN Secretary General, on the sidelines of the BRICS Summit in Rio de Janeiro yesterday". India's deepening engagement with the UN is based on its steadfast commitment to multilateralism and dialogue as the key for achieving shared goals and addressing common challenges faced by the global community including those related to peacebuilding and peacekeeping, sustainable development, poverty eradication, environment, climate change, terrorism, disarmament, human rights, health and pandemics, migration, cyber security, space and frontier technologies like Artificial Intelligence, comprehensive reform of the United Nations, including the reform of the Security Council, among others. PM Modi also shared details about his productive conversation with the former President of Brazil, Dilma Rousseff who now heads the New Development Bank (NDB) Rousseff was in Rio de Janeiro to celebrate the progress made by the 'BRICS Bank' and discuss reforms of global financial institutions within the framework of BRICS negotiations. "Productive interaction with Dilma Rousseff, President of the New Development Bank and former President of Brazil," said the Indian Prime Minister. On Tuesday, Prime Minister Modi was given a warm welcome by Brazil President Luiz Inacio Lula da Silva at the Alvorada Palace in Brasilia as he began a State Visit to the country following his participation in the BRICS Summit in Rio de Janeiro. After the ceremonial welcome with military honours and introduction of delegates, both leaders proceeded for a meeting in restricted format that will be followed by delegation-level talks. A signing ceremony on various agreements will be held and followed by leaders' statements to the press. PM Modi will then be honoured with a State Lunch at the Alvorada Palace.

PM Modi meets Chilean President Boric-Font, NDB president Rousseff, UN chief Guterres
PM Modi meets Chilean President Boric-Font, NDB president Rousseff, UN chief Guterres

United News of India

time08-07-2025

  • Business
  • United News of India

PM Modi meets Chilean President Boric-Font, NDB president Rousseff, UN chief Guterres

Brasilia/New Delhi, July 8 (UNI) Prime Minister Narendra Modi met with Chilean President Gabriel Boric-Font and Dilma Rousseff, president of the BRICS New Development Bank, on the sidelines of the Rio BRICS Summit. The PM also met with the UN Secretary General Antonio Guterres. In posts on X, the PM said: 'Delighted to have met President Gabriel Boric Font of Chile during the Rio BRICS Summit. India-Chile friendship is getting stronger and stronger!' This is their second meeting since April as the Chilean President had come to India on a five-day state visit, at the head of a high-level delegation comprising ministers, parliament members, senior officials, business representatives, and prominent Chileans involved in the India-Chile cultural exchange. The delegation also visited Agra, Mumbai, and Bengaluru. On his meeting with the NDB president and former president of Brazil, the PM posted on X: 'Productive interaction with Dilma Rousseff, President of the New Development Bank and former President of Brazil.' The PM also met the UN chief Guterres. 'Interacted with Mr. António Guterres, @UN Secretary General, on the sidelines of the BRICS Summit in Rio de Janeiro yesterday,' he posted on X. UNI RN

India-Chile FTA: A strategic push for Indian textiles in South America
India-Chile FTA: A strategic push for Indian textiles in South America

Fibre2Fashion

time12-06-2025

  • Business
  • Fibre2Fashion

India-Chile FTA: A strategic push for Indian textiles in South America

Insights India-Chile FTA offers a growth opportunity for Indian textile exports, currently forming * * per cent of India's exports to Chile. per cent of India's exports to Chile. While India faces stiff competition, tariff reductions could boost its competitiveness, especially in technical textiles and fabric exports. To capitalise, India must upgrade production, tackle logistical constraints, and strengthen transshipment routes. To read the full story, become a PRIME member today. All Corporate Members and TexPro Subscribers are eligible to access F2F PRIME CONTENT using the same login credentials. Latest News Insights Latest News Insights Exclusive Industry Articles & Features Exclusive Industry Articles & Features Detailed Article Analytics & Insights Digital Edition of Fibre2Fashion Magazine Digital Edition of Fibre2Fashion Magazine Get notified in your mailbox

India to seek lithium and copper under new trade tie from Chile to power clean energy and industrial growth, says experts
India to seek lithium and copper under new trade tie from Chile to power clean energy and industrial growth, says experts

Time of India

time22-05-2025

  • Business
  • Time of India

India to seek lithium and copper under new trade tie from Chile to power clean energy and industrial growth, says experts

NEW DELHI: India may seek a stable supply of lithium and copper through the expanded new trade tie with Chile to boost its clean energy targets and industrial growth says experts. As India undergoes rapid industrial expansion and transitions toward cleaner energy sources, the demand for critical minerals like lithium and copper is expected to grow significantly. These minerals are essential for achieving India's clean energy targets, strengthening its manufacturing sector, and building robust infrastructure. Chile is one of the world's leading producers of lithium and copper, stands out as a strategic trade partner. This collaboration aligns with India's broader objectives of achieving energy security and expanding its electric vehicle (EV) ecosystem. "The India-Chile CEPA (Comprehensive Economic Partnership Agreement) enhances India's commodity security, export competitiveness, and access to future minerals," said Ajay Kedia , Director at Kedia Commodities in Mumbai. Chile plays a dominant role in the global lithium supply chain. According to the United States Geological Survey, Chile holds the world's largest lithium reserves, estimated at 9.3 million tons, and ranks third in total lithium resources after Bolivia and Argentina. Recent studies from Chile's northern Antofagasta salt flats suggest the country's lithium resources may be 28 per cent higher than previously estimated, further boosting its importance. Live Events Copper is equally critical for India, especially in sectors such as EV manufacturing, renewable energy systems, and electrical infrastructure. As the EV market expands, copper is increasingly used in batteries, motors, wiring, and charging infrastructure. India's reliance on a steady supply of these resources is reflected in its industrial activity. Domestic manufacturers across EV, battery, energy storage, and electrical equipment sectors are scaling up production to support clean energy goals. Copper, in particular, remains a key input for wire and cable manufacturing, automotive systems, and power transmission networks. Ajay Kedia believes that securing a stable mineral supply and boosting trade across Latin America through the CEPA will enable India to strengthen its position in global supply chains and drive long-term economic growth. "It strengthens India's position in the global supply chain for energy transition, offers new markets for Indian industries, and aligns with long-term national goals like Make in India and green mobility," he added. India and Chile are preparing to launch negotiations under the Comprehensive Economic Partnership Agreement. Following the finalisation of the terms of reference on May 9, talks are set to begin by May 26. The agreement is expected to enhance trade cooperation, particularly in critical sectors like minerals and clean energy.

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