During Brazilian President Luiz Inácio Lula da Silva's visit to New Delhi, India and Brazil signed 10 agreements and resolved to raise bilateral trade to US$20 billion within five years. Brazil is India's biggest trading partner in Latin America. The pacts cover critical minerals and rare earths, digital public infrastructure, AI and semiconductors, health and pharmaceuticals, MSMEs, traditional knowledge and media, along with closer defence ties. Both are members of BRICS, G20, ISA, IBSA and G4.