Foreign media: On February 21, 2026, India and Brazil signed a key mineral and rare earth cooperation agreement aimed at reducing India's reliance on China for related minerals.
President Lula of Brazil and Prime Minister Modi of India met in New Delhi, and the two sides also signed nine other agreements in areas including digital cooperation and healthcare.
Modi said that bilateral trade volume is expected to exceed $20 billion in the next five years. In 2024, India's exports to Brazil amounted to $7.23 billion, mainly refined petroleum; Brazil's exports to India amounted to $5.38 billion, mainly raw sugar.
Original article: toutiao.com/article/1857747415798788/
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