Leaders talked for 1 hour and ‘reaffirmed the importance of defending multilateralism and the need to face the challenges of the conjuncture’
The President of the Republic, called the Prime Minister of, on Thursday (7), to discuss the impacts of the fares applied by the President of ,. Both countries are the most affected by the tariff, with 50% rate on exported products.
According to a statement from the Presidency Secretariat of Social Communication (Secom), Lula and Modi talked for 1 hour and “reaffirmed the importance of defending multilateralism and the need to face the challenges of the conjuncture, and explore possibilities of greater integration between the two countries.”
In the conversation, Lula agreed that he will visit India in early 2026. Before, in October this year, the vice president and Minister of Development, Industry, Commerce and Services, will go with an entourage of entrepreneurs and ministers to the Asia.
The petista also discussed with Modi the goal of expanding bilateral trade to more than $ 20 billion by 2030. To make this come true, the two agreed to expand the coverage of the agreement between Mercosur and India. They also exchanged information about the countries’ digital payment platforms. In the case of Brazil, Pix, and in India, UPI. After announcing the tariff against Brazil, Trump put the Brazilian system under investigation. According to Lula, this is due to threats to credit card flags.
The Indian Premier’s advisory also issued a note about Lula’s call to Modi. According to the government of Nova Delhi, the two agreed to expand bilateral cooperation in commerce, technology, energy, defense, agriculture, health and “ties between peoples”.
Modi recalled his visit to Brazil last month, when the two leaders had already signed an understanding to strengthen mutual cooperation in these areas. “Based on these discussions, both reiterated the commitment to bring the India-Brazil strategic partnership to new levels,” says the text. According to the Indian government, Lula and Modi also talked about “various regional and global matters of common interest.”
*With information from Estadão Content
Posted by Nátaly Tenório
