President Lula inaugurates Brazil’s first trade office In Delhi

Brazil’s President Luiz Inacio Lula da Silva inaugurated of the first office of the Brazilian Trade and Investment Promotion Agency (Apex) in New Delhi on Friday, Fevruary,20,2026. “This agency works to promote Brazilian products and services abroad and to attract foreign investments to strategic sectors of the Brazilian economy,” President Lula said in a post on X. “Brazil and India are two of the largest nations of the Global South. We had a trade flow of US$ 15.2 billion in 2025, with plenty of room for growth. I was accompanied by government ministers and the president of Apex, Jorge Viana,” he stated. The India-Brazil relationship was elevated to a Strategic Partnership in 2006, rooted in shared democratic values and a common vision of inclusive development.
President Lula arrived in India on a high-profile state visit this week, bringing with him the largest-ever Brazilian business delegation to travel abroad, underscoring trade and economic cooperation as the central pillar of bilateral engagement. Lula is accompanied by more than 260 Brazilian companies, around 14 cabinet ministers and several top chief executives, as India and Brazil seek to expand commercial ties amid shifting global trade dynamics triggered by tariff actions taken by the United States under President Donald Trump.