Overview
- Brazil will issue electronic business visas for Indian travelers, with new facilitation steps also including an Embraer office and an ApexBrasil presence in New Delhi.
- Vice President Geraldo Alckmin said Petrobras signed a contract to supply an additional 6 million barrels of oil to India, though commercial terms were not disclosed.
- Talks on a Defense Industry Partnership moved to a near‑final stage, with a memorandum in preparation and a signing targeted for early 2026 during President Lula’s planned visit.
- Bilateral trade reached about US$12 billion in 2024 and could approach US$15 billion this year, with an official goal to move toward US$20 billion later in the decade.
- Alckmin met India’s defense and commerce chiefs as officials discussed potential purchases and co‑production, including India’s Akash air‑defense system, six Embraer E‑145 aircraft, and Scorpène submarine maintenance partnerships, which remain under negotiation.