Commerce Secretary attends 6th meeting of India Brazil Trade Monitoring Mechanism in Brazil

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Ministry of Commerce and Industry
Ministry of Commerce and Industry

Secretary, Department of Commerce, Ministry of Commerce & Industry, Shri Sunil Barthwal undertook an official visit to Brazil from to participate in the 6th meeting of the India-Brazil Trade Monitoring Mechanism (TMM). Accompanying him was a delegation comprising 20 business leaders representing the Confederation of Indian Industry (CII). The visit took place against the backdrop of substantial growth in bilateral trade, which had doubled over the past two years, reaching a total of US$16 Billion. The primary objective of the visit was to further enhance and consolidate this rapidly expanding commercial partnership between the two nations.

Commerce Secretary Shri Sunil Barthwal’s visit to Brazil fostered India-Brazil trade relations. The Indian delegation engaged with key Brazilian organizations, promoting trade and investment. They discussed potential collaborations, engaged with Indian companies in Brazil, and highlighted opportunities for foreign investors.

On October 4th, Shri Barthwal co-chaired the 6th India-Brazil Trade Monitoring Mechanism meeting, outlining a roadmap for bilateral trade enhancement. Discussions with Brazil’s Vice Minister of Development focused on economic partnership.

The visit concluded with interactions with Brazilian industries and invitations to join India’s growing supply chain. These engagements signal promising growth for India-Brazil trade relations, emphasizing new trade opportunities and bilateral integration through Global Value Chains.

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