Brazilian President Luiz Inacio Lula da Silva has announced plans to form a strategic alliance with India aimed at fostering political, economic, and technological cooperation between the two nations. Following the conclusion of Vice President Geraldo Alckmin’s recent visit to India, Lula emphasised the importance of strengthening bilateral ties with New Delhi.

 

 

Lula, on a social media post, said the visit of Vice President Geraldo Alckmin to India, in preparation for his trip early next year, is very important because India has an exceptional market. He added, they will create a strategic alliance with India and develop both Brazilian and Indian economies. The Brazilian President’s remarks came a day after Vice President Geraldo Alckmin’s visit to India. During his visit to India, Alckmin clarified that India’s and Brazil’s cooperation is complementary and is not competitive.