NEW DELHI (Feb 22, 2026) — Prime Minister Narendra Modi and Brazilian President Luiz Inácio Lula da Silva have unveiled a future-ready roadmap for the India-Brazil Strategic Partnership, headlined by a new bilateral trade target of $30 billion by 2030.

Key Strategic Pacts

• Critical Minerals: A landmark agreement on rare earth elements was signed to build resilient supply chains and reduce reliance on single-country sources (China).
• Digital Partnership: The leaders launched a Joint Declaration on Digital Partnership, focusing on Artificial Intelligence (AI), semiconductors, and Digital Public Infrastructure (DPI).
• Trade Facilitation: An MoU on the Mutual Recognition of Electronic Certificates of Origin was signed to streamline customs and boost export efficiency.

Global & Regional Leadership

• Global South: Both nations reaffirmed their commitment to UN Security Council reform, advocating for permanent seats for each other.
• Energy Transition: India and Brazil—described as a "digital superpower" and a "renewable energy superpower"—pledged to lead the global shift toward green hydrogen and biofuels.
• Defense: The roadmap emphasizes co-design and co-production, linking India's Atmanirbhar Bharat with Brazil’s aerospace and defense industrial base.