Agreement between Brazil and India could increase exports by $21 bn

The commercial approximation between Brazil and India has been accelerating since 2004 and a study by the Institute for Applied Economic Research (Ipea) indicated that an agreement between the two countries would result in an increase of $21 billion in Brazilian exports. In this scenario, the Foreign Trade Secretary of the Ministry of Economy, Lucas Ferraz, highlighted the strategic relevance of India as a trade partner in the global scenario.

Source: Portal do Agronegocio