A NEW INITIATIVE
Named after Brasil wood
tree
Gained independence
on 7 th sept1822
Largest coffee producer
in the world
Language and culture
President : Michel Temmer
Land area: 3,265,059 sq mi (8,456,511 sq km); Portuguese
total area: 3,286,470 sq mi (8,511,965 sq km) Religion -Roman catholic
Population (2012 est.): 205,716,890. Amazon Jungle (50%)
Capital: Brasilia The soccer giant
INDIA MEETS BRAZIL THROUGH 3 CORRIDORS
Its bilateral and multilateral like members in IBSA, BRICS, BASIC, UN .etc
Visit of the former PM Dilma roussoff in 2012 to India strengthened the bilateral
agreements.
Narendra Modi and Dilma roussoff in the 2014 BRICS summit.
Memberships in organisations like IBSA.
The 8 th BRICS Summit.
CULTURAL CORRIDOR
For long, India and Brazil had remained unexplored by each other.
Brazil has become the most important trading partner to India in Latin
America
The Brazilian investments in India comprise sectors like automobiles, IT,
mining, energy, biofuels and footwear.
On the other hand, the Indian companies have invested in areas of IT,
pharmaceutical, energy, agri-business, mining and engineering/auto
sectors
According to Reserve Bank of India FDI in Brazil by INDIAN
companies=US$ 103.25 million.
Why BRAZIL?
Brazil and India are the two principal emerging powers whose citizens
enjoy a human rights-abiding liberal democratic system.
Secondly, India and Brazil share similar challenges in their respective
projects to promote economic growth and lift millions of citizens out of
poverty.
Brazil's knowledge in agriculture is sorely needed in India, while India can
provide software expertise to Brazil.
Finally, Brazil and India need to continue to forge a strong partnership in
their quest to reform global governance and assure that today's
international institutions adequately reflect the recent changes in the
distribution of power.
Things to GROW