Brazil, India push for deeper trade ties as Lula plans New Delhi visit

What happened:

On December 31, 2025 Brazilian President Luiz Inacio Lula da Silva is scheduled to visit New Delhi in the second week of February 2026, leading Brazil’s largest-ever official delegation to an Asian country. The visit will focus on boosting trade, investment, and business engagement, with a target of raising bilateral trade to around USD 20 billion.

Why it matters to India:

The visit signals deepening India–Brazil economic ties, strengthens cooperation in fertilisers, agribusiness, and technology, and supports India’s broader engagement with Latin America and the Global South, including through BRICS and the expanded MERCOSUR–India trade framework.