INDIA – BRAZIL RELATIONS

Jan. 27, 2020

Brazilian President Jair Bolsonaro was the chief guest at India's Republic Day celebrations. The Chief Guest at the Republic Day parade is accorded India’s highest honour in protocol terms.

Action plan to deepen their strategic partnership: 

  • The two sides also concluded 15 agreements/MoU on a variety of issues including an action plan to deepen their strategic partnership. 

  • Under the action plan, existing mechanisms, as well as goals, have been grouped in six major thematic areas. 

  • The India-Brazil Joint Commission for political, economic, scientific, technological and cultural cooperation will be the main forum for monitoring the implementation of the Action Plan and will convene every two years, the action plan states. 

Key MoUs/Agreements exchanged during the Visit:

  • MoU for establishing a nodal institution in India to carry out research on Bioenergy.

  • Investment Cooperation and Facilitation Treaty.

  • Agreement on Mutual Legal Assistance in Criminal Matters.

  • MoU on cooperation in the field of Traditional Systems of Medicine and Homeopathy.

  • Cultural Exchange Programme for the period 2020-2024.

  • MoU between Invest India and the Brazilian Trade and Investment Promotion Agency. 

Source : The Hindu