Business Daily from THE HINDU group of publications Monday, Jun 04, 2007 ePaper |
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Foreign Relations Industry & Economy - Foreign Trade Brazilian President arrives Our Bureau
Brazilian companies are targeting India for investment and business in areas such as infrastructure, food processing and energy.
BOOSTING TIES: The President of Brazil, Mr Luiz Inacio Lula da Silva, with the Minister of State for External Affairs, Mr Anand Sharma, on his arrival at Palam airport in New Delhi on Sunday. V. Sudershan
New Delhi June 3 Leading a 100-member delegation of Ministers and business leaders, the Brazilian President, Mr Luiz Inacio Lula da Silva, arrived in New Delhi on Sunday on a three-day visit. Mr Silva, who would be meeting the Prime Minister, Dr Manmohan Singh, on Monday, is likely to discuss a wide range of issues He is slated to sign a few agreements. Mr Silva, who would be visiting India for the second time after three years, will also meet the President, Dr A.P.J. Abdul Kalam; the External Affairs Minister, Mr Pranab Mukherjee, and the UPA Chairperson, Ms Sonia Gandhi. During his visit, he would also meet Indian industry captains. India and Brazil work together under the framework of G-4, seeking UN reforms, and also in multilateral forums, including UN, WTO and G-20, besides co-operating under the framework of IBSA (India-Brazil-South Africa) group. In 2006, India's exports to Brazil reached $1,470 million and imports were $937 million.
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