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Brazil and India boost ties amid U.S. tariffs, aiming for $20B trade via cooperation in tech, agriculture, and energy.
Brazilian Vice President Geraldo Alckmin said India and Brazil have economic complementarity, not competition, highlighting their shared democratic values and potential in technology, industry, mining, and agriculture.
Amid U.S. tariffs up to 50% on both nations’ exports, Alckmin emphasized mutual growth opportunities, citing India’s 7%+ economic expansion and Brazil’s record agricultural output.
He defended BRICS as a pro-multilateralism, free-trade bloc, countering claims it challenges the U.S. dollar.
The visit included agreements on trade, investment, energy, and aviation, with bilateral trade expected to rise to $20 billion.
Brasil e India impulsan los lazos en medio de los aranceles estadounidenses, con el objetivo de alcanzar un comercio de $ 20B a través de la cooperación en tecnología, agricultura y energía.