India, Brazil Seal Critical Minerals And Mining Pact; Set Sights on $20 Billion Trade Surge

India and Brazil have forged a significant partnership by signing a critical minerals and mining agreement aimed at enhancing bilateral trade, which already surpassed $15 billion in 2025. This collaboration is part of a broader strategy to capitalize on the growing demand for essential minerals used in various industries, including technology and renewable energy. The two countries have set an ambitious goal to escalate their trade to $20 billion by 2030, reflecting their commitment to strengthening economic ties. The pact not only emphasizes resource sharing but also positions both nations as key players in the global supply chain for critical minerals. The agreement is anticipated to boost investment opportunities and foster innovation, ensuring that both India and Brazil can leverage their respective resources for mutual benefit. As global demand for critical minerals continues to rise, this partnership is poised to play a pivotal role in meeting future industrial needs while contributing to sustainable development in both nations.
Originally reported by NDTV Profit. Read original article
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