What happened:
On February 20, Luiz Inácio Lula da Silva announced the inauguration of the first office of the Brazilian Trade and Investment Promotion Agency in New Delhi during his state visit to India alongside participation in the AI Impact Summit 2026.
Why it matters:
The move aims to boost bilateral trade and investment ties as Lula, accompanied by a large business delegation, prepares for talks with Narendra Modi covering cooperation in trade, energy, digital technologies and Global South partnerships.