President Vladimir Putin Will Attend BRICS Summit In India, TASS Reports

Russian President Vladimir Putin will attend the upcoming BRICS summit in India later this year, marking his second visit to the country in less than twelve months.

The Kremlin confirmed his participation, with spokesperson Dmitry Peskov stating that Putin will “definitely” take part in the gathering, though the official dates have not yet been announced.

New Delhi is expected to host the 18th BRICS Summit in September 2026 under Prime Minister Narendra Modi’s leadership, as part of India’s presidency of the bloc.

The summit will bring together leaders from major emerging economies at a time of heightened global uncertainty and shifting alignments.

Putin’s visit will be his second trip to India in under a year. He was last in New Delhi in December 2025 for a two-day visit during the 23rd India-Russia Annual Summit, where he held talks with Prime Minister Modi to strengthen bilateral ties. That occasion also marked the 25th anniversary of the Declaration on Strategic Partnership between the two nations, first signed during Putin’s inaugural visit to India in 2000.

BRICS has expanded significantly in recent years and now includes eleven major emerging economies: Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, Saudi Arabia, the United Arab Emirates and Indonesia.

The grouping serves as a platform for coordination on global political and economic issues, including governance reforms, energy security and development priorities. Originally formed as Bric after a meeting of foreign ministers on the sidelines of the United Nations General Assembly in 2006, the group held its first summit in Yekaterinburg in 2009.

It became BRICS with the inclusion of South Africa in 2010. More recently, new members joined from 2024 onwards, alongside partner countries such as Belarus, Nigeria, Malaysia and Vietnam.

India’s presidency of BRICS since January 2026 has been guided by the theme “Building for Resilience, Innovation, Cooperation and Sustainability,” with a strong focus on the Global South. Key priorities include pushing for reforms in global governance, boosting economic resilience and local currency trade, expanding digital public infrastructure, strengthening health security, enhancing counter-terror cooperation, advancing climate finance and energy transition, and deepening people-to-people ties among BRICS nations.

TASS

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New RIAC Chief Dmitry Trenin Urges Balanced Strategy In Russia’s Relations With India And China

Dr Dmitry Trenin, the newly elected president of the Kremlin-backed Russian International Affairs Council (RIAC), has emphasised the importance of maintaining a positive balance in Russia’s relations with its two Asian strategic partners, India and China.

Speaking in his first press interview after assuming leadership of the think tank on 1 April, Trenin underscored the need to prevent external powers, particularly the United States, from exploiting India against China and, indirectly, against Russia.

He stressed that China, as Russia’s largest neighbour, deserves systematic attention, while India also requires deeper engagement beyond what he described as a positive but still superficial impression.

Trenin, aged 70, is a retired Soviet-Russian Army Colonel with extensive experience in global affairs. His career included involvement in US-Russian nuclear and space weapons negotiations and postings both within and outside the Soviet Union.

Notably, he became the first non-NATO senior research fellow at the NATO Defence College in Rome. He later joined the Carnegie Moscow Centre in 1994, eventually becoming its director, but was dismissed in 2022 for supporting the Kremlin’s Ukraine campaign.

In outlining his vision for RIAC, Trenin declared that Russia is an autocratic nation that does not obey external powers and will not allow the world to collapse. He pledged to inject new impetus into the council and to rise to the challenges of today’s turbulent and dramatic times, as well as those that lie ahead.

He argued that despite the apparent chaos and illogicality of current events, history shows that similar upheavals have occurred before. He compared the present situation to a world war, though he rejected the term ‘World War III’ as misleading, preferring instead to describe it as ‘a new world war’ distinct from the first two.

Trenin’s remarks reflect his broader strategic outlook, shaped by decades of involvement in defence and international affairs. His appointment to RIAC, which was established 15 years ago by a decree of then-President Dmitry Medvedev, signals a renewed effort to position the council as a leading forum for Russian foreign policy analysis.

RIAC serves as Russia’s counterpart to the Indian Council of World Affairs, highlighting the importance of intellectual and policy exchanges in shaping Moscow’s external relations.

By stressing the need for balance between India and China, Trenin has placed emphasis on managing Russia’s ties with both nations in a way that avoids confrontation and external manipulation. His comments suggest that Russia sees value in cultivating deeper ties with India while continuing to prioritise its strategic partnership with China.

At the same time, his framing of the current global turbulence as akin to a world war underscores the seriousness with which he views the international environment and the challenges facing Russia’s foreign policy establishment.

PTI

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Russia's Foreign Minister Sergey Lavrov Visit In May To India To Strengthen BRICS Agenda And Bolster Bilateral Ties

Russian Foreign Minister Sergey Lavrov is scheduled to visit New Delhi on 14–15 May to attend the BRICS Foreign Ministers’ Meeting.

The gathering will be hosted under India’s presidency, with discussions expected to shape the draft documents that will later be presented at the BRICS summit. 

According to Russian Deputy Foreign Minister Andrey Rudenko, Lavrov’s participation will be accompanied by a separate working visit, during which he will meet External Affairs Minister Subrahmanyam Jaishankar and other senior Indian officials.

India’s presidency comes at a time when BRICS has expanded significantly. Originally founded in 2006 by Brazil, Russia, India and China, the group welcomed South Africa in 2011.

More recently, Egypt, Iran, the United Arab Emirates and Ethiopia joined in 2024, followed by Indonesia in 2025. Several other countries, including Belarus, Bolivia, Kazakhstan, Cuba, Malaysia, Thailand, Uganda, Uzbekistan and Nigeria, have been granted partner status, reflecting the bloc’s growing global reach.

Lavrov’s visit builds on the momentum of President Vladimir Putin’s trip to India in December 2025, which reaffirmed the alignment of strategic objectives between Moscow and New Delhi. That visit produced a substantial package of agreements, including policy documents that underscored the depth of bilateral cooperation. Lavrov has since reiterated Russia’s anticipation of Prime Minister Narendra Modi’s forthcoming visit to Russia later in 2026, highlighting the enduring nature of the partnership.

Economic ties remain a central pillar of the relationship. Bilateral trade between Russia and India reached approximately $60 billion in 2025, with both sides setting an ambitious target of $100 billion by 2030.

To achieve this, cooperation will be deepened in logistics, technology and investment, particularly through projects such as the International North-South Transport Corridor and the Northern Sea Route. Lavrov noted that 96 per cent of trade is already conducted in national currencies, underscoring the resilience of economic engagement despite global financial pressures.

The upcoming BRICS ministerial meeting will therefore serve not only as a platform for multilateral coordination but also as an opportunity to reinforce bilateral ties.

With India steering the agenda, the discussions are expected to reflect both the bloc’s expanded membership and the strategic priorities of its leading partners.

Lavrov’s presence in New Delhi signals Moscow’s intent to maintain close diplomatic and economic alignment with India, while contributing to the shaping of BRICS’ evolving role in global affairs.

ANI

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President Putin Champions BRICS Tech Alliance, Calls For Business-Led Innovation Push

Russian President Vladimir Putin has emphasised the need for deeper technological collaboration among BRICS nations.

Speaking at the congress of the Russian Union of Industrialists and Entrepreneurs in Moscow, he underscored Russia's commitment to fostering partnerships that leverage indigenous strengths.

The event coincided with the inaugural meeting of the National Committee for Business Cooperation within BRICS. Established via a presidential decree in February 2026, the committee aims to drive economic ties across the bloc.

Putin urged Russia's business community, including members of the Russian Union of Industrialists and Entrepreneurs (RSPP), to engage actively. He encouraged them to develop joint proposals for enhancing cooperation and launching innovative projects with international partners.

These initiatives span multiple sectors, from science and innovation to industry, agriculture, infrastructure, and logistics. Putin highlighted the potential for modern projects that align with BRICS' shared goals of multipolar development.

Russia plans to offer incentives for businesses investing in enterprise modernisation. The focus lies on bolstering production capabilities rooted in home-grown technologies, amid global pressures like sanctions.

Particular priority is given to three cross-cutting technologies: artificial intelligence, autonomous systems, and digital platforms. Putin noted their transformative potential for industrial advancement.

He pointed to collaboration opportunities with nations in rapidly developing regions, especially the Asia-Pacific and Southern Eurasia. BRICS, he said, provides the ideal platform for such engagements, countering Western-dominated tech ecosystems.

The committee's formation reflects Russia's broader strategy to deepen BRICS integration. As the bloc expands—with new members like Egypt, Ethiopia, Iran, and the UAE—technological cooperation could reshape global supply chains.

During the meeting, participants approved the committee's structure and procedures. Maksim Oreshkin, Deputy Chief of Staff in the Presidential Executive Office, was appointed Chairman.

Oreshkin also holds the role of President's Special Representative for Trade and Economic Cooperation with BRICS countries and the New Development Bank. His dual positions signal high-level Kremlin backing.

The committee includes representatives from Russia's largest companies, ensuring corporate heft. Discussions centred on promoting Russian initiatives and elevating Moscow's influence in the BRICS Business Council.

This move comes amid escalating geopolitical tensions. Russia faces Western sanctions over Ukraine, prompting a pivot towards BRICS partners like India, China, and Brazil for tech and trade resilience.

For India, a key BRICS pillar, the committee offers avenues in AI, drones, and digital infrastructure—aligning with 'Make in India' and defence tech indigenisation efforts. Joint ventures could accelerate advancements in hypersonics and space tech.

China's dominance in AI and semiconductors positions it as a natural collaborator, though competition persists. Brazil and South Africa bring agricultural and resource expertise, complementing Russia's energy and metals prowess.

The New Development Bank's role, via Oreshkin, could fund infrastructure projects, rivalling IMF-World Bank influence. BRICS' push into de-dollarisation adds financial teeth to tech cooperation.

Putin's address aligns with Russia's 2024 BRICS Summit priorities, where tech sovereignty emerged as a theme. The committee operationalises those goals, targeting 2026 deliverables ahead of Russia's rotating chairmanship.

Business participation is pivotal. Putin stressed that private sector input will shape proposals, ensuring practicality over bureaucracy.

Putin's vision positions BRICS as a counterweight to Western tech hegemony, with Russia's incentives and committee galvanising action.

ANI

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India And Russia Advance Free Trade Pact Amid Push For BRICS-Led Financial Independence

Sergey Glazyev, State Secretary of the Union State of Russia and Belarus, addressed the Russian-Indian Forum "From the Volga to the Ganges" in Mumbai on 19 March 2026.

Organised by the National Stock Exchange (NSE), the event underscored the deepening economic synergy between India and Russia.

Glazyev highlighted India as a vital partner, noting how their economies complement one another seamlessly. He announced that free trade negotiations between the two nations are progressing, with the structure of a comprehensive trade agreement actively under development.

Trade barriers have already been dismantled, Glazyev affirmed, paving the way for frictionless exchanges. Yet, he identified currency capital as a lingering hurdle, positioning the forum as an ideal platform to address it through collaborative financial mechanisms.

The global economic landscape, he warned, has grown increasingly turbulent due to geopolitical tensions and market disruptions. Glazyev drew parallels to trade wars preceding the World War era, accusing the United States of seeking dominance over capital markets.

India's ascent as a global leader, alongside China, signals a seismic shift towards South East Asia, according to Glazyev. He praised India's prowess in innovation, market capitalisation, and manufacturing, predicting an imminent burst of the West's financial bubble.

Regional flashpoints like the Strait of Hormuz underscore the need for strategic alignment, Glazyev observed. Both nations must fortify their positions to navigate these challenges without external hegemony.

To counter such dominance, Russia is advancing financial modernisation. Pilot projects for a digital national currency are underway, complemented by the rollout of BRICScoin as an intergovernmental settlement tool.

This digital currency initiative promises to slash integration costs, Glazyev explained, making cross-border transactions more efficient and resilient. He urged swift action to avoid dependency on any single nation's financial leverage.

The forum's discussions reflect a broader ambition: to forge a multipolar financial architecture benefiting all participants. Open integration, free from barriers, forms the cornerstone of this vision.

India-Russia relations stand at a pivotal juncture, with free trade, shared financial markets, and innovative currencies poised to redefine their partnership. As Glazyev emphasised, mutual gratitude and resolve will drive these efforts forward.

In the long term, this collaboration could reshape global dynamics, elevating emerging economies while challenging entrenched powers. The path ahead demands resolve, but the rewards—economic sovereignty and prosperity—appear within reach.

ANI

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BRICS Unity Tested: India Leads Diplomatic Push Amid West Asia Tensions And Direct Member Involvement

The escalating conflict in West Asia, pitting the United States and Israel against Iran, has thrust the BRICS grouping into a profound diplomatic quandary. Recent US-Israeli airstrikes on Iranian targets, codenamed Operation Epic Fury and Operation Lion’s Roar, have provoked fierce retaliatory missile and drone barrages from Tehran under Operation True Promise IV.

This war, now in its third week as of mid-March 2026, has disrupted oil supplies and heightened regional instability, with Iran targeting US bases in Gulf states and Israel striking Hezbollah positions in Lebanon.

India, holding the BRICS chairmanship for 2026, faces an acute challenge in forging a collective stance. Ministry of External Affairs spokesperson Randhir Jaiswal highlighted during a media briefing that several BRICS members are directly embroiled in the crisis, complicating consensus efforts.

The expanded BRICS now comprises eleven nations: original members Brazil, Russia, India, China, and South Africa, plus Egypt, Ethiopia, Iran, Saudi Arabia, the United Arab Emirates (UAE), and Indonesia.

Direct involvement stems primarily from Iran, on one side, clashing with US allies including Saudi Arabia and the UAE, both BRICS members. Iran has launched strikes on UAE territory housing US interests, prompting condemnations from Riyadh and Abu Dhabi over sovereignty violations. 

Meanwhile, Russia and China have openly criticised the initial US-Israeli actions, while Brazil has echoed similar sentiments, exposing stark fault lines within the bloc.

India has actively facilitated dialogue through the Sherpa channel, convening a virtual meeting of BRICS Sherpas on 12 March to deliberate a possible joint response. This followed an earlier in-person Sherpa gathering in New Delhi on 9-10 February, where India outlined its chairmanship priorities under the theme “Building for Resilience, Innovation, Cooperation and Sustainability.”

Despite these efforts, divergent strategic interests—ranging from Iran's call for condemnation of Western aggression to Gulf states' demands for recognition of Tehran's retaliations—have stymied progress.

Jaiswal emphasised India's commitment to bridging these divides, stating that New Delhi continues engaging partners to evolve a common position. Bilateral diplomacy underscores the tensions: External Affairs Minister S Jaishankar discussed the issue with Iranian counterpart Seyed Abbas Araghchi, who urged BRICS to denounce the strikes, while India has critiqued attacks on Gulf infrastructure.

Tehran has separately pressed India to lead a bloc statement against US-Israeli actions, placing New Delhi in a delicate balancing act given its ties with Israel and the US.

The crisis reveals BRICS' growing pains post-expansion, mirroring past divisions such as over Russia's Ukraine invasion. With three members—Iran, Saudi Arabia, and the UAE—on opposing fronts, a unified resolution appears elusive, potentially undermining the group's credibility as a Global South voice. India's leadership persists amid these challenges, aiming to host the annual summit later in 2026 and advance people-centric cooperation.

Broader implications ripple through global energy markets, with Iranian actions disrupting Saudi and Qatari output via the Strait of Hormuz.

The US has bolstered its regional presence by deploying additional Marines, while Iran's Revolutionary Guards warn of further escalations. As India navigates this minefield, its diplomatic manoeuvres could define BRICS' cohesion in an era of heightened geopolitical flux.

Agencies

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How Is China Positioning Itself During The Iran Conflict?

China’s approach to the ongoing Iran conflict reflects a deliberate balance between principle and pragmatism. Beijing emphasizes de-escalation, sovereignty, and dialogue while avoiding direct military entanglement.

This strategy allows China to maintain its strategic partnership with Iran without jeopardizing its broader regional interests, particularly energy security.

China has strongly condemned US and Israeli strikes on Iran, including the assassination of Supreme Leader Khamenei, framing them as violations of sovereignty and international law. Foreign Ministry spokesperson Mao Ning urged an immediate ceasefire, renewed dialogue, and UN Security Council action to prevent escalation.

Beijing coordinated closely with Russia for emergency UN sessions, though it was not pre-notified of US operations—highlighting mistrust and the limits of Sino-American communication channels.

China denies reports of advanced missile sales such as the CM-302, stressing diplomacy over arms transfers. While past dual-use exports (drones, air defenses) have existed, Beijing’s current priority is citizen safety, evacuating over 3,000 nationals from Iran by early March. Intelligence suggests possible indirect financial or component aid, but China refrains from overt involvement to protect vital oil routes.

As Iran’s largest oil buyer, accounting for 10–13% of imports, China is deeply concerned about disruptions in the Strait of Hormuz. Rising prices threaten its economic stability. A weakened Iran increases Tehran’s dependence on Beijing, aligning with China’s 25-year strategic partnership agreement. China tolerates limited strikes if they create openings for diplomacy but opposes nuclear escalation, fearing destabilization of the global energy market.

China’s restrained stance reflects its long-term strategy: positioning itself as a responsible global actor while quietly expanding influence in the Middle East. By avoiding military entanglement, Beijing preserves flexibility to mediate, enhance its image as a peace broker, and deepen economic ties without alienating Gulf states or jeopardizing Belt and Road projects.

The Iran crisis also has implications for India–China relations, particularly in the energy and strategic domains. Both India and China rely heavily on Gulf oil, with Iran historically a major supplier to India before US sanctions curtailed imports. China’s continued purchases give it leverage over Tehran, while India’s reduced engagement leaves it relatively disadvantaged. Rising oil prices affect both economies, but China’s deeper integration with Iran may allow it to negotiate more favorable terms.

India views China’s growing presence in Iran—through infrastructure projects and energy deals—as part of Beijing’s broader encirclement strategy in South Asia. The development of Iran’s Chabahar port (where India has invested) competes indirectly with China’s involvement in Gwadar port in Pakistan, both critical nodes in regional connectivity. India, like China, supports de-escalation but is wary of Beijing’s increasing influence in Tehran. New Delhi may seek to re-engage Iran diplomatically and economically to counterbalance China, especially as the conflict highlights vulnerabilities in energy supply chains.

Despite rivalry, both nations share an interest in regional stability and uninterrupted energy flows. There is scope for limited cooperation in multilateral forums (e.g., BRICS, SCO) to push for ceasefire and dialogue, though mistrust limits deeper alignment.

China’s restrained diplomacy in the Iran conflict underscores its preference for strategic patience: condemning Western military actions, safeguarding energy interests, and positioning itself as a peace advocate without direct confrontation.

For India, the crisis is a reminder of the growing China–Iran axis, which complicates its own regional ambitions. The interplay of rivalry and shared interests between India and China will shape how both navigate Middle Eastern instability—balancing competition with pragmatic cooperation when energy security is at stake.

IDN (With Agency Inputs)

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Wang Yi Urges India-China BRICS Alliance To Champion Global South Amid US-Iran Escalation

Chinese Foreign Minister Wang Yi has urged greater cooperation between India and China amid escalating tensions in West Asia.

Speaking at a news conference on the sidelines of the fourth session of the 14th National People's Congress in Beijing, Wang emphasised the need for the two nations to support each other's presidencies of BRICS over the next two years.

He highlighted the potential for India and China to present a united front, stating that together they could bring new hope to the Global South. Wang positioned this partnership as a stabilising force for developing nations during a period of global upheaval, particularly the intensifying US-Iran conflict.

Wang Yi strongly condemned the joint US-Israeli military campaign against Iran, describing the escalation as something that should never have happened. He called for an immediate end to hostilities and a swift return to diplomatic negotiations, insisting that military power would never resolve the region's deep-seated crisis.

The Chinese minister warned that reliance on force undermines the international order. "A strong fist does not mean strong reason," he declared. "The world cannot return to the law of the jungle."

Wang expressed firm opposition to any efforts to destabilise the Iranian government. He asserted there is no popular support for regime change in Iran, and such moves would only inflame regional tensions further.

This statement from Beijing coincides with recent Israeli military actions. The Israel Defence Forces announced that the Israeli Air Force conducted targeted strikes on multiple Iranian military assets, including fuel storage complexes belonging to the Islamic Revolutionary Guard Corps in Tehran.

Guided by IDF intelligence, the operation hit hubs used for distributing fuel to Iranian armed units. The IDF stated that the strikes significantly damaged Iran's military infrastructure, sharing a graphic of a targeted fuel storage facility.

US President Donald Trump claimed significant victories in the conflict. Speaking aboard Air Force One en route to Miami, he asserted that the United States had wiped out Iran's entire leadership, calling it the removal of a major "cancer" from the earth.

Trump denied US responsibility for bombing an elementary girls' school in Iran, instead blaming Iran due to the inaccuracy of its munitions. "They have no accuracy whatsoever," he said. "It was done by Iran."

The president boasted of decimating Iran's military capabilities. He detailed the destruction of 44 naval ships, the entire air force, most missiles, drone production, and key leadership. Missile launches from Iran have dropped sharply, he added.

Trump dismissed earlier timelines for the conflict, stating, "Whatever it takes." He noted that Iranian rocket launchers—difficult and expensive to produce—have been reduced by about 70 per cent, with overall output at nine per cent of initial levels.

Despite this, US Special Envoy Steve Witkoff indicated diplomacy remains possible. Aboard Air Force One, he recalled failed prior negotiations where Iran insisted on its right to enrich uranium to 60 per cent—enough for 11 bombs—and refused concessions.

The conflict stems from a joint US-Israeli strike on 28 February that killed Iran's Supreme Leader Ayatollah Ali Khamenei and other senior figures. Iran retaliated with ballistic missiles and drones targeting US assets and allies, including Israel, Bahrain, Kuwait, Qatar, Saudi Arabia, the UAE, and Jordan.

This has widened the West Asia conflict, heightening risks for civilians and expatriates. Wang Yi's call for India-China unity within BRICS underscores Beijing's strategy to counter Western dominance amid these developments.

ANI

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Iranian Envoy Claims US Stirs Conflicts To Curb Rise of India, China, And Russia

Iran's special representative to the office of the Supreme Leader, Abdul Majeed Hakeem Ilahi, has sharply criticised the United States, accusing it of instigating global conflicts to thwart the rise of emerging powers such as India, China, and Russia.

Speaking in an interview with the news agency ANI, Ilahi asserted that Washington's true aim extends beyond Iran. He claimed the US seeks to preserve its unchallenged global dominance and fears the emergence of a multipolar world order.

"The aim of America is not Iran, but after Iran, it will come to other countries," Ilahi stated. He predicted that India, China, Russia, and the US would soon rank among the world's most powerful nations, prompting the US to engineer wars to prevent this shift.

Ilahi emphasised that the US refuses to share power. "America doesn't want to have any partner; it doesn't want India or China to be a powerful country," he said, linking this strategy to ongoing conflicts designed to halt their ascent.

Amid escalating hostilities in the Middle East, Ilahi signalled Tehran's openness to negotiations, but only on dignified terms. Iran is prepared to end the war provided there are no impositions contrary to its interests.

"We are ready to stop the war. We are ready for negotiations. But the negotiating should be with dignity, not dictating something against Iran," he told ANI. Iran views its actions purely as self-defence in pursuit of its rights.

Ilahi insisted that dialogue could proceed if attacks cease, sanctions are lifted, and guarantees against future aggression are provided. "Why are we not ready for negotiation? We are looking for peace," he remarked.

He categorically denied that Iran initiated the current conflict. "They are the ones attacking us and bombing our civilians; we are simply defending ourselves," Ilahi said, placing responsibility on the aggressors to halt hostilities first.

Ilahi revealed that indirect talks between Iran and the US, mediated through Oman, had been progressing positively. "We were moving toward a conclusion... on the verge of issuing a joint statement," he claimed, before US-Israeli strikes derailed them.

According to Ilahi, Iran never abandoned the negotiating table; it was the other side that did. These remarks counter US President Donald Trump's dismissal of Iran's overtures as "too late," amid vows to dismantle Tehran's ballistic missile programme and nuclear ambitions.

The broader conflict erupted following joint US-Israeli strikes over the past weekend, which killed Iran's Supreme Leader Ayatollah Ali Khamenei and several top military and political figures.

In retaliation, Iran launched missile and drone barrages at Gulf states hosting US bases, including Qatar, Kuwait, and Bahrain, as well as the UAE, Saudi Arabia, and Oman.

The rapidly intensifying crisis has claimed over 500 lives, including six confirmed American military personnel, underscoring the severe human cost of the hostilities.

Ilahi's statements highlight Iran's narrative of victimhood and strategic patience, framing the US not merely as a regional adversary but as a global hegemon obstructing multipolarity.

Agencies

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India-Brazil Leaders Discuss US Tariff Fallout Amid Push For Local Currency Trade

India and Brazil have held discussions on the recent US Supreme Court judgment concerning trade tariffs, as revealed by the Ministry of External Affairs (MEA).

Secretary (East) P Kumaran shared these insights during a special briefing on Brazilian President Luiz Inacio Lula da Silva's state visit to India.

Kumaran noted that President Lula and Prime Minister Narendra Modi addressed the latest developments in US trade policy, particularly the implications of the Supreme Court ruling.

Both leaders characterised the judgment as a "rather new development," emphasising the need for further study before drawing conclusions.

They agreed to adopt a wait-and-watch approach, monitoring the US administration's response and any subsequent steps.

Uncertainty persists over which specific tariffs will be affected, with questions remaining about those that will remain in place or be rescinded.

Kumaran highlighted a 10 per cent tariff announced by President Trump in a press conference the previous day, underscoring the rapid pace of these changes.

India's commerce ministry is conducting a detailed analysis, as the developments unfolded late the night before the discussions. The briefing clarified that no talks occurred on establishing a BRICS currency, aligning with President Lula's recent public statements on the matter.

Instead, both nations expressed interest in expanding trade settlements using local currencies to reduce reliance on third-party mediums.

There exists a robust consensus between India and Brazil on the urgency of United Nations reforms.

As fellow G4 members—alongside Germany and Japan—India and Brazil continue to coordinate efforts towards securing permanent seats on the UN Security Council.

President Lula addressed these themes during discussions on multilateralism, including reforms in the World Trade Organization and UN-related bodies.

The Brazilian leader arrived in India on 18 February, participating in the India AI Impact Summit on 19 and 20 February.

On 21 February, he received a ceremonial welcome at Rashtrapati Bhavan, followed by meetings with Prime Minister Modi and his delegation at Hyderabad House, accompanied by 11 ministers. This marks President Lula's fifth visit to India as Brazil's president, building on Prime Minister Modi's state visit to Brasilia on 8 July 2025.

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Brazil Prez Visit Yields 10 Outcomes Across Spectrum of Bilateral Ties: MEA

The visit of Brazilian President Luiz Inácio Lula da Silva to India has produced ten substantive outcomes spanning multiple facets of bilateral relations, according to the Ministry of External Affairs (MEA).

Official Spokesperson Randhir Jaiswal described the engagement as brimming with results across all partnership dimensions.

These outcomes emphasise collaboration in rare earth minerals, micro, small, and medium enterprises (MSMEs), and beyond. They align closely with India's Viksit Bharat vision for advanced development.

First, cooperation in rare earth elements and critical minerals promises technology transfer, joint exploration, and research and development efforts. This initiative will attract investments and enable India to leverage Brazil's expertise in processing and recycling technologies.

Second, enhanced postal sector ties will facilitate greater exchanges of official delegates and experts. It promotes e-commerce growth, financial services, and the sharing of best practices.

Third, focus on MSMEs and crafts aims to promote Indian products globally. This furthers India's journey towards self-reliance and economic expansion.

Fourth, a joint declaration on digital partnership outlines implementation of the India Stack Framework. It strengthens collaboration in Digital Public Infrastructure, alongside high-performance computing, quantum technology, and blockchain.

Fifth, the Indian National Patent Office (INPI) and Council of Scientific and Industrial Research (CSIR) will cooperate on the Traditional Knowledge Digital Library (TKDL). Brazil gains access to TKDL, advancing recognition of Indian AYUSH and homeopathic pharmacopoeias.

Sixth, the Central Drugs Standard Control Organization and Brazil's Health Regulatory Agency will deepen regulatory cooperation. This reinforces information exchange and pushes for recognition of Indian pharmacopoeia in Brazil.

Seventh, the Indian Institute of Mass Communication and Federal University of Minas Gerais will boost academic exchanges. Students and faculty gain mutual access to facilities and laboratories.

Eighth, the Satyajit Ray Film and Television Institute partners with the University of São Paulo. Joint projects in film and media will increase student and faculty exchanges.

Ninth, Brazil has extended business visas for Indian passport holders to ten years. This eases commerce for Indians in Brazil and bolsters economic ties.

Tenth, mining cooperation targets the steel supply chain. It secures essential mineral resources, supporting India's industrial ambitions under Viksit Bharat.

Three Memorandums of Understanding (MoUs) were exchanged: on Digital Partnership for the Future, Rare Earth and Critical Minerals, and Mining in the Steel Supply Chain.

Prime Minister Narendra Modi and President Lula addressed a joint press conference in New Delhi. Lula expressed optimism, stating Brazil views India with hopeful eyes and that joint efforts will fortify bilateral relations and the Global South against superpower rivalries.

Lula highlighted the "superlative" nature of India-Brazil meetings, noting both as the largest Global South democracies. He called India a digital superpower and Brazil a renewable energy leader, both mega-diverse cultural hubs defending multilateralism and peace.

This marked Lula's sixth visit to India, which he described as a source of happiness. PM Modi welcomed him and his delegation, including ministers and business leaders, covering the full spectrum of friendship.

Modi noted Lula's attendance at the AI Summit injected fresh energy into the strategic partnership. In a post on X, he praised Lula's visionary leadership.

Talks prioritised elevating bilateral trade beyond $20 billion in five years. Commitments span technology, innovation, Digital Public Infrastructure, AI, semiconductors, energy, agriculture, critical minerals, education, defence, and multilateral issues.

People-to-people linkages also featured prominently. Lula recounted his warm reception by PM Modi and President Droupadi Murmu at the Rashtrapati Bhavan.

Modi underscored how India-Brazil unity amplifies the Global South's voice globally. He called for reforms in international institutions to tackle modern challenges, reaffirming joint resolve.

These outcomes signal a maturing partnership, blending economic pragmatism with strategic alignment. For India, they offer mineral security and tech synergies vital to defence manufacturing and aerospace ambitions. Brazil gains from India's digital prowess amid its resource-rich profile.

The visit reinforces G20 synergies, with both nations advocating multipolarity. Defence ties, though not headlined, lurk beneath as critical minerals feed into military hardware like missiles and UAVs—key to India's indigenous push via HAL, BEL, and DRDO partners.

ANI

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PM Modi And President Lula Target $20 Billion Trade Surge In India-Brazil Partnership By 2031

India and Brazil have pledged to elevate their bilateral trade beyond 20 billion USD within the next five years, as announced by Prime Minister Narendra Modi during a joint news conference in New Delhi on Saturday.

The commitment came amid a state visit by Brazilian President Luiz Inacio Lula da Silva, who arrived with a substantial business delegation comprising top CEOs from Brazilian firms.

Prime Minister Modi hosted the conference alongside President Lula, emphasising discussions across all sectors driven by a shared purpose to advance India-Brazil relations.

Modi expressed delight in welcoming President Lula and his delegation, crediting the Brazilian leader's visionary approach for bolstering ties between the two nations over recent years.

He highlighted multiple personal meetings with Lula, each reinforcing deep friendship and trust towards India.

President Lula's participation in the Global AI Impact Summit lent historic significance to his visit, injecting fresh momentum into the strategic partnership.

Modi extended gratitude for Lula's friendship and steadfast commitment to bilateral relations.

Brazil stands as India's foremost trading partner in Latin America, a fact underscored by the accompanying large business delegation.

This delegation signals robust confidence in economic prospects, with Modi noting that expanding the India-MERCOSUR trade agreement will amplify cooperation further.

Bilateral trade transcends mere figures, Modi stated; it embodies mutual trust between the nations.

Cooperation in technology and innovation holds vital importance not only for India and Brazil but for the entire Global South.

Both leaders expressed pleasure in advancing a Centre of Excellence for Digital Public Infrastructure in Brazil.

Priorities include collaboration in artificial intelligence, supercomputers, semiconductors, and blockchain, ensuring technology remains inclusive and fosters shared progress.

Energy cooperation forms a sturdy pillar of relations, extending beyond hydrocarbons to renewables, ethanol blending, and sustainable aviation fuel.

Brazil's engagement in the Global Biofuel Alliance mirrors their joint dedication to a greener future.

President Lula proposed that Brazil co-chair the Coalition for Disaster Resilient Infrastructure (CDRI), an initiative Modi congratulated him on, citing Brazil's rich expertise.

Prior to the news conference, Modi and Lula conducted delegation-level talks attended by key Indian figures.

These included External Affairs Minister S Jaishankar, Union Commerce and Industry Minister Piyush Goyal, National Security Advisor Ajit Doval, Minister of State for External Affairs Pabitra Margherita, Foreign Secretary Vikram Misri, and MEA Spokesperson Randhir Jaiswal.

Earlier, a ceremonial welcome unfolded at Rashtrapati Bhavan's forecourt for President Lula.

He received a Guard of Honour and was greeted by Prime Minister Modi and President Droupadi Murmu.

Lula also paid respects to Mahatma Gandhi at Rajghat.

This visit reciprocates Prime Minister Modi's trip to Brasilia in July 2025, the first by an Indian prime minister in over half a century. The Brazilian delegation's CEOs are set to engage in a Business Forum, promising enhanced commercial linkages.

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PM Modi And President Lula of Brazil Forge Ambitious Trade And Tech Alliance At AI Summit

Prime Minister Narendra Modi welcomed Brazilian President Luiz Inácio Lula da Silva and his high-level delegation to New Delhi on Saturday, marking a significant moment in bilateral ties. The visit coincided with the ongoing AI Summit, where Lula's participation injected fresh momentum into the strategic partnership between the two nations.

In a post on X, Modi expressed honour at hosting Lula, his ministers, and business leaders. He praised Lula's visionary leadership for long bolstering India-Brazil relations. The talks spanned the full spectrum of friendship, from trade to technology, underscoring a multifaceted agenda.

A key focus was elevating bilateral trade beyond the current $20 billion threshold within five years. Modi emphasised commitment to this ambitious target, highlighting collaborative opportunities in technology, innovation, Digital Public Infrastructure (DPI), artificial intelligence (AI), and semiconductors. Such synergies promise tangible benefits for citizens in both countries.

Energy, agriculture, critical minerals, education, and defence emerged as robust pillars of cooperation. Discussions also addressed strengthening people-to-people linkages, fostering deeper cultural and educational exchanges. These areas reflect shared priorities in sustainable development and economic resilience.

President Lula reciprocated the warmth, describing his reception by Modi and President Droupadi Murmu at Rashtrapati Bhavan as an honour. His remarks signal mutual respect and a desire for closer alignment amid global uncertainties.

During a joint press conference, Modi spotlighted how India-Brazil unity amplifies the Global South's voice on the world stage. As leading democracies from the developing world, the duo pledges to champion reforms in international institutions to tackle modern challenges like climate change and unequal trade structures.

Modi asserted that when India and Brazil collaborate, the Global South's stance grows bolder and more assertive. This partnership builds on historical solidarity, including joint G20 leadership in 2023 when India passed the baton to Brazil, prioritising issues like hunger eradication and sustainable finance.

The AI Summit context adds strategic depth, with both leaders eyeing leadership in ethical AI governance. India's DPI model, exemplified by Aadhaar and UPI, offers Brazil scalable solutions, while Brazil's bio-economy expertise complements India's green energy push.

Defence cooperation, though nascent, holds potential amid India's Atmanirbhar Bharat and Brazil's Embraer advancements. Talks likely explored joint ventures in aerospace and maritime security, aligning with India's QUAD and Brazil's BRICS roles.

Critical minerals collaboration addresses supply chain vulnerabilities, vital for electric vehicles and renewables. With Brazil's vast lithium and nickel reserves, partnerships could reduce dependence on China-dominated markets.

Agriculture exchanges promise mutual gains, from India's rice and pharma exports to Brazil's soybean and ethanol innovations. Education ties, including scholarships and joint research, aim to build future leaders.

Multilaterally, India and Brazil reaffirmed BRICS commitments and WTO reforms. Their alignment counters unilateralism, advocating fairer global governance.

This visit reinforces India-Brazil as a cornerstone of South-South cooperation, blending economic ambition with geopolitical heft. As global fault lines shift, their partnership exemplifies pragmatic diplomacy for the 21st century.

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PM Modi and President Lula Unite To Fortify Global South's Influence Amid Push For Reforms

India and Brazil have underscored their commitment to amplifying the voice of the Global South on the world stage, as articulated by Prime Minister Narendra Modi during a joint press conference in New Delhi on 21 February 2026.

Speaking alongside Brazilian President Luiz Inacio Lula da Silva, Mr Modi emphasised that the partnership between the two democratic nations would continue to champion the priorities and aspirations of developing countries. "When India and Brazil work together, the voice of the Global South becomes stronger and more confident," he declared.

The Prime Minister called for reforms in international institutions to tackle contemporary global challenges. Both leaders affirmed their shared resolve to pursue this agenda collaboratively, highlighting the need for dialogue and diplomacy in resolving conflicts.

Mr Modi stressed that India and Brazil stand united against terrorism, viewing it and its supporters as enemies of humanity. This alignment reflects a broader strategic consensus between the two nations.

Cooperation in agriculture emerged as a key focus, with agreements on climate-resilient farming, precision agriculture, and biofertilisers poised to bolster food security for both countries.

A significant pact on critical minerals and rare earths was hailed as a vital step towards resilient supply chains, reducing dependencies on volatile global markets.

Defence ties are expanding steadily, serving as a testament to mutual trust and strategic synergy. Mr Modi described this as a "win-win partnership" with potential for further growth.

Opportunities in health and pharmaceuticals were also spotlighted, with plans to ramp up exports of affordable, high-quality Indian medicines to Brazil.

The leaders aimed to elevate bilateral trade beyond 20 billion USD within five years, pursuing advancement across all sectors with a spirit of shared purpose.

Mr Modi expressed gratitude to President Lula for attending the Global AI Impact Summit and lauded his leadership in invigorating India-Brazil relations.

Earlier, delegation-level talks took place, attended by key Indian figures including External Affairs Minister S Jaishankar, Commerce Minister Piyush Goyal, National Security Advisor Ajit Doval, Minister of State Pabitra Margherita, Foreign Secretary Vikram Misri, and MEA Spokesperson Randhir Jaiswal.

The day began with a ceremonial welcome at Rashtrapati Bhavan, where President Lula received a Guard of Honour. He was greeted by Prime Minister Modi and President Droupadi Murmu.

President Lula also paid respects at Rajghat, honouring Mahatma Gandhi.

This visit reciprocates Prime Minister Modi's trip to Brasilia in July 2025—the first by an Indian premier in over half a century.

Accompanying President Lula is a high-profile delegation of Brazilian CEOs, set to engage in a Business Forum to explore commercial synergies.

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Brazilian Mining Giant Vale Eyes India For Explosive Minerals Expansion, Inks Blending Hub Deal

Vale, the Brazilian mining giant, has spotlighted India as a powerhouse of growth in the global minerals market. At the Brazil-India Business Forum in New Delhi, CEO Gustavo Pimenta outlined ambitious plans to forge deeper partnerships, particularly in iron ore and strategic minerals. This move underscores India's rising stature amid surging demand for raw materials.

Pimenta emphasised mining's pivotal role in everyday modern life. He predicted the sector's importance will surge further with the global shift to renewable energy and accelerating digitalisation. Industry forecasts, as referenced by Brasil 247, indicate that mineral supply chains must expand five to six times beyond current capacities to satisfy future needs.

Vale's footprint in India has expanded rapidly. Just three to four years ago, sales were negligible, but last year the company delivered 10 million tonnes of iron ore to the Indian market. This growth aligns with India's voracious appetite for steel, currently at around 180 million tonnes annually.

Projections paint an even brighter picture. India's steel production is expected to surpass 300 million tonnes within the next decade, fuelled by booming infrastructure projects and manufacturing expansion. Pimenta positioned India as a prime destination for such demand-driven opportunities.

Despite India's substantial domestic iron ore reserves, Vale brings a distinct advantage. The company specialises in high-grade ore, which reduces emissions in steelmaking processes. This quality supports India's decarbonisation goals in heavy industry.

A key announcement from the forum was Vale's memorandum of understanding with MMDC and Denny Ports. The pact aims to develop a blending centre in India, mirroring Vale's successful operations in Malaysia and China. Sites along both the eastern and western coasts are under evaluation.

This facility would enhance Vale's logistics efficiency, allowing tailored ore blends for Indian steelmakers. It signals a commitment to long-term infrastructure investment, potentially lowering costs and improving supply reliability for local producers.

Looking beyond iron ore, Pimenta highlighted Vale's dominance in nickel and copper. These metals are indispensable for batteries, electric vehicles, and AI hardware, aligning perfectly with the energy transition and tech revolutions. India's push into these sectors amplifies the partnership potential.

Vale's strategy hinges on collaboration with Indian stakeholders. Pimenta reaffirmed that such alliances form the bedrock of the company's expansion plans. This approach could unlock mutual benefits, blending Brazil's resource prowess with India's manufacturing might.

India's strategic minerals sector stands at a crossroads. With global supply strains looming, partnerships like Vale's could bolster self-reliance while addressing critical gaps in high-grade inputs. The forum's outcomes hint at a new chapter in Indo-Brazilian trade.

This development positions India as a linchpin in Vale's global playbook. As demand skyrockets, these ties promise economic dividends, from job creation to advanced mineral processing.

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