Prime Minister Narendra Modi and President Luiz Inacio Lula da Silva Hold Landmark Meeting on Sidelines of G-7 Summit

Hiroshima: In a significant development at the G-7 Summit, Prime Minister Narendra Modi of India and President Luiz Inacio Lula da Silva of Brazil came together for their first-ever meeting on May 21, 2023. The meeting, held in Hiroshima, Japan, marked a momentous occasion as both leaders acknowledged the 75th anniversary year of the establishment of diplomatic relations between their two countries.

During their meeting, Prime Minister Modi and President Lula reviewed the Strategic Partnership between India and Brazil, exploring avenues to further strengthen and expand cooperation. Notably, they focused on key sectors such as defense production, trade, pharmaceuticals, agriculture, dairy and animal husbandry, as well as biofuels and clean energy. Both leaders expressed their commitment to deepening ties in these areas, recognizing the immense potential for collaboration and mutual growth.

Emphasizing the significance of fostering robust business relations, Prime Minister Modi and President Lula highlighted the need for a high-level meeting of business leaders from both countries. Such an engagement would facilitate strategic partnerships, promote investments, and enhance bilateral trade ties.

In addition to bilateral matters, the leaders exchanged views on regional developments, underlining the importance of continued cooperation in multilateral platforms. They expressed a shared belief in the urgent need for reforming multilateral institutions to address current global challenges effectively.

Looking ahead, Prime Minister Modi extended a warm invitation to President Lula to visit India for the G-20 Summit scheduled to take place in September this year. This invitation underscores India’s commitment to fostering international cooperation and strengthening global governance frameworks.

The meeting between Prime Minister Modi and President Lula set the stage for a new chapter in the India-Brazil relationship. It emphasized the shared commitment to deepen strategic cooperation, expand trade and investment opportunities, and address global issues through collaborative efforts. The outcomes of this meeting are expected to further bolster the long-standing friendship and cooperation between India and Brazil, paving the way for a more prosperous and interconnected world.

As the G-7 Summit progresses, the discussions between the leaders of India and Brazil serve as a testament to the strong bonds and shared aspirations between the two nations. The meeting not only strengthens bilateral ties but also contributes to the larger objective of promoting peace, stability, and inclusive development on the global stage.