{"id":32461,"date":"2026-02-23T08:25:00","date_gmt":"2026-02-23T04:25:00","guid":{"rendered":"https:\/\/gbc1.net\/?p=32461"},"modified":"2026-02-24T19:49:07","modified_gmt":"2026-02-24T15:49:07","slug":"india-and-brazil-sign-partnership-agreement-on-critical-minerals","status":"publish","type":"post","link":"https:\/\/gbc1.net\/index.php\/2026\/02\/23\/india-and-brazil-sign-partnership-agreement-on-critical-minerals\/","title":{"rendered":"India and Brazil Sign Partnership Agreement on Critical Minerals"},"content":{"rendered":"\n<p>On 21 February 2026, Brazilian President Lula da Silva and Indian PM Narendra Modi witnessed the signing a Memorandum of Understanding to cooperate on <a href=\"https:\/\/gbc1.net\/index.php\/tag\/criticalminerals\/\">#CriticalMinerals<\/a>. President Lula was in Delhi to attend the AI Impact Summit 2026 (<a href=\"https:\/\/gbc1.net\/index.php\/tag\/aiimpact2026\/\">#AIImpact2026<\/a>). <\/p>\n\n\n\n<p>The official line is to &#8216;strengthen supply chain resilience&#8217;, but the aim is to loosen the tight grip of China on this sector. Both countries also wish to show the way for the <a href=\"https:\/\/gbc1.net\/index.php\/tag\/globalsouth\/\">#GlobalSouth<\/a> by developing independent supply chains independent of both the US and China. <\/p>\n\n\n\n<p>The scope of the cooperation under the Memorandum includes reciprocal investment, exploration, extraction, as well as <a href=\"https:\/\/gbc1.net\/index.php\/tag\/ai\/\">#AI<\/a> applications. Brazil is endowed with the world&#8217;s second-largest reserves of <a href=\"https:\/\/gbc1.net\/index.php\/tag\/rareearths\/\">#RareEarths<\/a>. Brazil is the largest producer of iron ore, behind Australia, which is a key commodity for a fast-developing economy like India, be it for construction, shipbuilding, automobiles, or trains. <\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"India Turns to Brazil for Critical Minerals in Bold Push to Reduce Reliance on China | Modi-Lula\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/HO-G0VShTBk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>President Lula qualified the agreement as &#8216;pioneering&#8217;, while PM Modi underscored it as &#8216;a major step towards building resilient supply chains.&#8217; Based on its <a href=\"https:\/\/gbc1.net\/index.php\/tag\/viksitbharat\/\">#ViksitBharat<\/a> strategy, India plans to develop semiconductor and electronics manufacturing in India. These sectors require Critical Minerals and Rare Earths to function.<\/p>\n\n\n\n<p>In addition to the MoU on Critical Minerals, nine other agreements were also signed to boost cooperation in a number of sectors ranging from <a href=\"https:\/\/gbc1.net\/index.php\/tag\/digitalization\/\">#digitalization<\/a> to health. Other cooperation areas include education and scientific research.<\/p>\n\n\n\n<p>Brazil is India&#8217;s largest trade partner in Latin America, and both sides have set a target to push the bilateral trade volume to USD 20 billion by 2030. India exports mostly refined petroleum to Brazil, while Brazil exports mostly raw cane sugar to India.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 21 February 2026, Brazilian President Lula da Silva and Indian PM Narendra Modi witnessed the signing a Memorandum of<\/p>\n","protected":false},"author":1,"featured_media":32470,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_mi_skip_tracking":false,"_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":[],"_EventVenueID":0,"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":""},"categories":[4],"tags":[75,1149,147,117,170,1002,805],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.12 - 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