India Intelligence Report

 

 

   India , Brazil Take “Gigantic Step”

 

Visiting Prime Minister Manmohan Singh and Brazilian President Luiz Inacio Lula da Silva signed a set of agreements on trade, technology, and agriculture and agreed to develop their bilateral relations into a strategic partnership.

 

 

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Visiting Prime Minister Manmohan Singh and Brazilian President Luiz Inacio Lula da Silva signed a set of agreements on trade, technology, and agriculture and agreed to develop their bilateral relations into a strategic partnership. While Singh described his visit as a “voyage of discovery,” Lula da Silva said that the two nations have taken a “gigantic step” forward.

Broadly speaking, the two nations decided to forge ahead in three different areas:

  • Increased commercial opportunities including Science & Technology, Air Services, development, plant health protection, cultural interaction, technical standards, oil exploration, and construction. Indian companies have started investing in Brazil with Tata Consultancy Services, Ranbaxy, Dr. Reddy’s Laboratories, leading the charge. India has invited Brazil to cooperate to partner on information technology, biotechnology, and pharmaceuticals.

  • Commence a strategic dialogue with National Security Advisor M.K. Narayanan leading the Indian side to discuss regional and global issues such as energy security and international security such as terrorism. In a joint communiqué, both nations averred that international terrorism was one of the most serious threats to peace. Both committed their support to combat terrorism as outlined in the UN Security Council (UNSC) resolutions but conforming to principles of the UN Charter, international law, and conventions.

  • Calibrate inter-working to bring out reforms at the United Nations particularly to expand the Security Council. They also agreed to work together to achieve a successful completion of the Doha Round as part of the World Trade Organization (WTO) stalled over agricultural subsidies and tariffs.

As the two dominant players in their respective regions, India and Brazil have immense economic, diplomatic, and political potential through cooperation if they overcome barriers of distance and lack of historical or traditional ties