-|Geographically poles apart but still on the same page. PM @narendramodi had a productive discussion with Pr… https://t.co/F10pO0t5Zd — Raveesh Kumar (@MEAIndia) 1579943246000NEW DELHI: India and Brazil on Saturday inked 15 agreements to boost cooperation in a wide range of areas like trade and investment, oil and gas, cyber security and information technology after talks between Brazilian President Jair Messias Bolsonaro and Prime Minister Narendra Modi Modi said an action plan has been finalised to further expand strategic ties between the two strategic partners. The country has a population of 210 million with $1.8 trillion economy.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.Indian investments in Brazil were around $6 billion and Brazilian investments in India are estimated at $1 billion in 2018.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.

Source: Economic Times January 25, 2020 09:11 UTC