India and Brazil have agreed to broaden the scope of their Preferential Trade Agreement (PTA) and enhance cooperation across sectors such as agriculture, defence, digital innovation, and clean energy, marking a key step in strengthening bilateral economic and strategic ties.

The decision was announced during the India-Brazil Business Dialogue held in New Delhi, jointly organised by FICCI, ApexBrasil, and the National Confederation of Industry (CNI). Both sides reaffirmed their commitment to advancing trade, fostering investment, and expanding market access.

Brazil’s Vice President Geraldo Alckmin, who also serves as Minister of Development, Industry, Trade, and Services, described India as a “priority partner” in Brazil’s trade diversification strategy. Bilateral trade reached $12 billio

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