<p class="title">Prime Minister Narendra Modi and Brazilian President Jair Messias Bolsonaro on Saturday held wide-ranging talks with an aim to inject a new momentum into strategic ties between India and Brazil.</p>.<p class="bodytext">In the talks, the two leaders focused on boosting bilateral ties in key areas of trade and investment, energy, defence and security, medicine and scientific research, officials said.</p>.<p class="bodytext">The two countries are expected to ink around 15 agreements providing for enhancing cooperation in a range of areas.</p>.<p class="bodytext">Earlier, External Affairs Minister S Jaishankar called on Bolsonaro and discussed ways to further broaden cooperation between the two countries.</p>.<p class="bodytext">After the meeting, Jaishankar, in a tweet, said Bolsonaro's visit will open "new opportunities" for bilateral cooperation.</p>.<p class="bodytext">The Brazilian president was given a ceremonial welcome at the Rashtrapati Bhavan in presence of President Ram Nath Kovind and Modi.</p>.<p class="bodytext">Bolsonaro arrived here on Friday, accompanied by his daughter Laura Bolsonaro, daughter-in-law Leticia Firmo, eight ministers, four members of the Brazilian parliament and a large business delegation.</p>.<p class="bodytext">The Brazilian president is in India primarily to grace the Republic Day celebrations on Sunday as chief guest and explore ways to boost trade ties with India at a time when both the large economies are hit by slowdown.</p>.<p class="bodytext">India's ties with Brazil, the largest country in Latin America, has been on an upswing in the last few years. The country has a population of 210 million with USD 1.8 trillion economy.</p>.<p class="bodytext">This is the first visit of President Bolsonaro to India.</p>.<p class="bodytext">Bolsonaro, a former army captain, won a landslide victory in Brazil's presidential election in October 2018 and took the reins of the country in January last year.</p>.<p class="bodytext">India-Brazil ties have been on an upswing in the last few years.</p>.<p class="bodytext">The volume of bilateral trade was USD 8.2 billion in 2018-19. This included USD 3.8 billion worth of Indian exports to Brazil and USD 4.4 million as imports by India.</p>.<p class="bodytext">Both the governments feel there is huge potential to enhance the bilateral trade further.</p>.<p class="bodytext">Major Indian exports to Brazil include agro-chemicals, synthetic yarns, auto components and parts, pharmaceutical and petroleum products. Brazilian exports to India include crude oil, gold, vegetable oil, sugar and bulk mineral and ores.</p>.<p class="bodytext">Indian investments in Brazil were around USD 6 billion and Brazilian investments in India are estimated at USD 1 billion in 2018.</p>.<p class="bodytext">Brazilian investments in India are mainly in automobiles, IT, mining, energy and biofuel sectors. India has invested in Brazil's IT, pharmaceutical, energy, agri-business, mining and engineering sectors.</p>
<p class="title">Prime Minister Narendra Modi and Brazilian President Jair Messias Bolsonaro on Saturday held wide-ranging talks with an aim to inject a new momentum into strategic ties between India and Brazil.</p>.<p class="bodytext">In the talks, the two leaders focused on boosting bilateral ties in key areas of trade and investment, energy, defence and security, medicine and scientific research, officials said.</p>.<p class="bodytext">The two countries are expected to ink around 15 agreements providing for enhancing cooperation in a range of areas.</p>.<p class="bodytext">Earlier, External Affairs Minister S Jaishankar called on Bolsonaro and discussed ways to further broaden cooperation between the two countries.</p>.<p class="bodytext">After the meeting, Jaishankar, in a tweet, said Bolsonaro's visit will open "new opportunities" for bilateral cooperation.</p>.<p class="bodytext">The Brazilian president was given a ceremonial welcome at the Rashtrapati Bhavan in presence of President Ram Nath Kovind and Modi.</p>.<p class="bodytext">Bolsonaro arrived here on Friday, accompanied by his daughter Laura Bolsonaro, daughter-in-law Leticia Firmo, eight ministers, four members of the Brazilian parliament and a large business delegation.</p>.<p class="bodytext">The Brazilian president is in India primarily to grace the Republic Day celebrations on Sunday as chief guest and explore ways to boost trade ties with India at a time when both the large economies are hit by slowdown.</p>.<p class="bodytext">India's ties with Brazil, the largest country in Latin America, has been on an upswing in the last few years. The country has a population of 210 million with USD 1.8 trillion economy.</p>.<p class="bodytext">This is the first visit of President Bolsonaro to India.</p>.<p class="bodytext">Bolsonaro, a former army captain, won a landslide victory in Brazil's presidential election in October 2018 and took the reins of the country in January last year.</p>.<p class="bodytext">India-Brazil ties have been on an upswing in the last few years.</p>.<p class="bodytext">The volume of bilateral trade was USD 8.2 billion in 2018-19. This included USD 3.8 billion worth of Indian exports to Brazil and USD 4.4 million as imports by India.</p>.<p class="bodytext">Both the governments feel there is huge potential to enhance the bilateral trade further.</p>.<p class="bodytext">Major Indian exports to Brazil include agro-chemicals, synthetic yarns, auto components and parts, pharmaceutical and petroleum products. Brazilian exports to India include crude oil, gold, vegetable oil, sugar and bulk mineral and ores.</p>.<p class="bodytext">Indian investments in Brazil were around USD 6 billion and Brazilian investments in India are estimated at USD 1 billion in 2018.</p>.<p class="bodytext">Brazilian investments in India are mainly in automobiles, IT, mining, energy and biofuel sectors. India has invested in Brazil's IT, pharmaceutical, energy, agri-business, mining and engineering sectors.</p>