New Delhi, Feb 20 (IANS) Brazil’s President Luiz Inacio Lula da Silva on Saturday announced the inauguration of the first office of the Brazilian Trade and Investment Promotion Agency (Apex) in New Delhi.”This agency works to promote Brazilian products and services abroad and to attract foreign investments to strategic sectors of the Brazilian economy,” President Lula said in a post on X.”Brazil and India are two of the largest nations of the Global South. We had a trade flow of US$ 15.2 billi…
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Washington, Feb 19 (IANS) Brazilian President Luiz Inacio Lula da Silva’s visit to India for the ongoing AI Impact Summit, followed by a full-fledged state visit, signals a deliberate attempt by the two largest democracies of the Global South to elevate ties beyond multilateral coordination and into a deeper economic and strategic partnership, a senior US-based economist working on India-Brazil ties has said. “This Brazil visit is very significant,” said Dr Anit Mukherjee, Senior Fellow at ORF A…
New Delhi, Feb 11 (IANS) South Africa’s High Commissioner to India Prof. Anil Sooklal said on Wednesday that the proposed SACU (Southern African Customs Union)–India Free Trade Agreement would significantly boost trade and investment flows between the two regions. In an exclusive interview with IANS, the High Commissioner said that this would be the first free trade agreement between India and a regional bloc in Africa. The SACU consists of five member countries – Botswana, Eswatini, Lesotho…