India & Brazil ink deals on agriculture and medicines

Prime Minister Narendra Modi held bilateral talks with Brazil’s President Michel Temer who is in Goa to attend BRICS and BIMSTECH summit.

The two leaders discussed the entire spectrum of bilateral relations and ways to deepen ties between the two countries.

This was the last round of bilateral talks Modi held with BRICS leaders from major emerging national economies – Brazil, Russia, China and South Africa.

Prime Minister Narendra Modi held bilateral talks with Brazil's President Michel Temer who is in Goa to attend BRICS and BIMSTECH summit.

Prime Minister Narendra Modi held bilateral talks with Brazil’s President Michel Temer who is in Goa to attend BRICS and BIMSTECH summit.

Addressing the media after holding talks, Prime Minister said that India and Brazil are close to finalizing the text of a bilateral investment agreement:

“The bilateral relations between India and Brazil have grown for the better. We have increased interaction at all levels,” said PM Modi

Speaking about India Brazil joint cooperation Prime Minister said that both the countries have made progress in opening new areas of cooperation during this visit in drug regulation, agricultural research & cyber security.

“Both bilaterally and multilaterally, the partnership between India and Brazil is filled with possibilities that we are keen to harvest,” he said.

Brazilian president Michel Temer said that India and Brazil will have a long friendship in the coming years and said that agreements on trade between Brazil and India can be tripled in a few years

“My idea is to increase Brazil’s relationship with India,” he said on Twitter, noting that at present few renowned Brazilian companies have presence in India.