Brazil’s Foreign Minister Mauro Vieira discusses the strengthening ties between Brazil and India during an interview with The Hindu in New Delhi. He notes that bilateral trade could surpass the $30 billion target set for 2030 due to rapid growth, currently at around $15 billion last year and projected to reach about $20 billion this year. Vieira highlights cooperation across industries including energy, aviation, and defense, with companies like Petrobras, Embraer, and Vale playing key roles. He also evaluates India’s BRICS presidency positively, emphasizing the importance of dialogue and coordination among member nations within global economic forums like the G20.
Written by the local model on 2026-09-12,
using this article's own text rather than the other coverage of the
same event (that is the story summary below).
In an interview with The Hindu in New Delhi, Brazil’s Foreign Minister Mauro Vieira praises India’s BRICS presidency, says bilateral trade could exceed the $30 billion target well before 2030 and argues that BRICS is not an anti-Western bloc.
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BRICS → praise → 2030
President Lula visited India earlier this year, and there was a very strong sense of enthusiasm among Indian business leaders about Brazil.
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Lula → visit → Brazil
Bilateral trade is also expanding rapidly.
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trade → expand → ?
How do you see the future of Brazil–India relations?
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you → see → relations
Brazil and India have everything they need to build, in addition to the excellent political relationship we already have, a very strong economic relationship.
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we → have → relationship
When President Lula was here earlier this year, he and Prime Minister Narendra Modi launched the goal of reaching $30 billion in bilateral trade by 2030.
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he → launch → 2030
We are already approaching $20 billion.
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We → approach → billion
Trade reached around $15 billion last year, with very strong growth, and according to current projections, this year it should reach around $20 billion.
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it → reach → billion
Petrobras is very satisfied with its business in India and is selling a great deal here.
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Petrobras → sell → deal
There are also several other projects that could materialise in the short term and significantly increase bilateral trade.
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that → be → trade
Embraer has major interests in India and is working very actively, both in commercial aviation, which is obviously very important in a country of India’s size, and in defence, with the KC-390 and Super Tucano aircraft.
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which → have → aircraft
WEG also has a very significant international presence, and Vale is another major Brazilian company with interests here.
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Vale → have → interests
Yesterday, I met a group of Brazilian business leaders representing around 20 companies, including large companies such as Vale, Embraer and WEG, as well as associations representing meat exporters and other sectors.
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I → meet → exporters
If some of the deals currently being developed by Embraer, Vale, WEG and other companies materialise, bilateral trade could exceed US$30 billion in the short term.
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trade → develop → term
We could reach that target well before 2030.
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We → reach → 2030
How do you assess India’s BRICS presidency and the transition from the Brazilian presidency to the Indian one?
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you → assess → one
I believe Brazil was very successful in the major presidencies it held in recent years.
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it → believe → years
The G20 was very important and laid the foundations for action in several areas.
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G20 → lay → areas
That creates an important space for dialogue and coordination.
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That → create → dialogue
Brazil launched important initiatives in both the G20 and BRICS and passed them forward.
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Brazil → launch → them
India, during its BRICS presidency, carried many of these projects forward in several areas.
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India → carry → areas
The meeting in Mumbai was very significant, and there are many interesting developments taking place.
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meeting → be → place
The bank is growing, it will continue to grow, and it will consolidate itself within the spirit of BRICS, which is to promote reform of global governance.
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which → grow → governance
The Bretton Woods institutions — the World Bank and the International Monetary Fund — reflect a reality that is 80 years old.
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that → reflect → reality
Their mechanisms of control, approval and disbursement can make access more difficult for many developing countries.
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access → make → countries
With the BRICS bank, we can have a faster, more agile and more efficient system, under the control of the countries that own the bank and have a direct interest in its success.
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that → have → success
You have a long relationship with External Affairs Minister S. Jaishnkar.
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You → have → Jaishnkar
How important is that personal and diplomatic ties, and how closely aligned are Brazil and India on multilateralism and global governance?
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Brazil → align → multilateralism
We have known each other for a long time.
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We → know → time
I was already serving there as ambassador when he arrived as India’s ambassador, and that is when we first met.
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we → serve → ambassador
Later, when I came to India in 2015, during President Dilma Rousseff’s government, I was Foreign Minister and he was Foreign Secretary.
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he → come → government
We met again then.
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We → meet → ?
Since I returned to office in 2023, this relationship has continued.
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relationship → return → 2023
It helps the dialogue a great deal.
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It → help → dialogue
We speak frequently, we consult each other, and our positions are very similar — practically the same — on multilateralism and global governance.
Would you say Brazil and India also share the view that BRICS should not be understood as an anti-Western bloc?
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BRICS → speak → bloc
I was asked about this yesterday by the Indian media.
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I → ask → media
There were many microphones around me, and the questions were: “Is BRICS anti-Western?
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BRICS → be → me
On the contrary, we see BRICS as a space for negotiation, dialogue and consensus-building.
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we → see → negotiation
It is a space where positions can be discussed and where countries can work towards common understandings.
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countries → discuss → understandings
This is a point we have to repeat often because there continues to be a misunderstanding about the purpose of BRICS.
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we → have → BRICS
…and 66 more, not listed.
