8th India-Brazil Joint Commission Meeting

Tags: Summits International News

External Affairs Minister, S Jaishankar who is on his first ever visit to South America, co-chaired the 8th India-Brazil Joint Commission Meeting on 24 August with his Brazilian counterpart, Carlos Franca. 

IMPORTANT FACTS -

• The two leaders held wide-ranging discussions on trade, investment and other consular domains.

• The two ministers signed agreements in the field of broadcasting and taxation, exchanging views on BRICS, IBSA, UN, G20 and Ukraine conflict.

• The Joint Commission meeting saw wide-ranging discussions on trade and investment, petroleum, biofuels, edible oils and minerals, health, pharma, traditional medicine, science and technology, agriculture and livestock, space, defence, terrorism and consular.

• The Brazilian Government released a commemorative stamp on the occasion of India's 75th Independence day.

• On 22 August, Jaishankar concluded his first ever official visit to Paraguay where he inaugurated the newly-opened Indian Embassy in the capital city Asuncion.

• He also unveiled a bust of Mahatma Gandhi in Paraguay on 21 August and appreciated the Asuncion Municipality’s decision to locate it at the prominent waterfront of the city. 

• He also visited the historic Casa de la Independencia, from where Paraguay's independence movement began more than two centuries ago.

India-Brazil Relations :

• Diplomatic relations were established between India and Brazil in 1948, both countries opened embassies in the same year.

• India's strategic partnership with Brazil continues to intensify with several high-level partnerships.

• President Bolsonaro was the chief guest at India's Republic Day parade in 2020.

• As strategic partners, India and Brazil have several institutional mechanisms to coordinate various aspects of their bilateral relations.

• This includes Joint Commission Meeting, Strategic Dialogue, Foreign Office Consultations, Trade Monitoring Mechanism, Economic and Financial Dialogue, Dialogue on Consular and Mobility Issues, Joint Defence Commission, Joint Committee on Science & Technology and India-Brazil Business Leaders Forum.

• In Brazil, the Brazil-India Parliamentary Friendship Group has been established.

• President - Jair Bolsonaro

• Capital - Brasília

• Official Language - Portuguese

• Currency - Brazilian real