India and Brazil are at a crucial juncture next week to strengthen their bilateral relations. President of Brazil Luiz Inácio Lula da Silva Will make a formal visit to India between 18th and 22nd February. During this period there were many major conflicts between the two countries trade and investment agreements Expected to be signed.

Officials of both countries in some key areas Pact Giving final touches. These:

pharmaceuticals

India is one of the largest drug manufacturing countries in the world. Brazil also uses large quantities of medicines in its health care. In such a situation, this agreement will be beneficial for both to increase trade in pharmaceutical goods between India and Brazil.

Critical Minerals

Brazil is rich in mineral resources and India is in great need of these minerals. There is also a possibility of an agreement between the two countries to promote cooperation in this field.

Aviation and Industry

The biggest thing is that Adani Group and Brazilian airline Embraer There is going to be a big agreement between. It is expected that this will be announced during Lula’s visit. Under this, aircraft assembly line and aircraft manufacturing will be promoted in India, which will benefit the aviation industry.

Friendly Contact and Visa

Brazil for India 10 year multi‑entry visa Has also been announced, which will make it easier for Indian tourists and business professionals to visit there.

This tour between the two countries Step to deepen trade, investment and economic partnership It is believed. According to experts, this will not only increase trade but will also increase technical and industry cooperation between the two countries.