Brazil seeks to boost trade with India as ties with Argentina deteriorate

President Jair Bolsonaro is set to visit India next week, aiming to boost trade with the Asian nation that has been expanding around 7% a year over the past decade and set to overtake China in terms of population in the next decade. Brazil sees a chance to increase its $7 billion in annual bilateral trade with India to $25 billion in the next few years. India represents a huge potential for Brazilian exports of food and commodities.

Source: Bloomberg