♦ Prime Minister Narendra Modi met Brazil's President Luiz Inacio Lula da Silva in New Delhi on 21 February 2026 to strengthen cooperation on critical minerals and rare earths.

♦ India signed agreements to cooperate in rare earth, critical minerals, and steel mining with Brazil.

♦ The two countries committed to enhancing trade beyond the current target of $20 billion by 2030, and to expanding the India-Mercosur Preferential Trading Agreement.