Brazil's President to be the Guest of Honor on India's 71st Republic Day
Brazil's President to be the Chief Guest for India's Republic Day Parade
Prime Minister Modi invited President Bolsonaro for the Republic Day celebration this year. Relations between the two nations have been amicable, evident by the fact that the Bolsonaro government recently ended the visa requirement for Indians to go to Brazil.
Why is India comfortable with him?
Brazil's President Jair Bolsonaro is a far-right politician and former military officer from Sao Paulo, Brazil. Many around the world have called him 'Brazil's Donald Trump.'
Brazil and India - BRICS Allies and more
Bolsonaro achieved a landslide victory in the presidential election of Brazil and was sworn in on January 1, 2019. Such a powerful victory in the political theatre is something both the world leaders have experienced during their tenure.
Thought the thing that definitively separates Bolsonaro from Modi is the stab wound he received at a campaign event in 2018.
India-Brazil Trade Relations - Crossing Boundaries
India and Brazil are members of several multilateral platforms such as BRICS, IBSA, G-20 and G-4. As of 2019, Their bilateral trade stands at $1.82 billion, with $1.59 billion constituting India's oil imports from Brazil.
India's Oil Imports from Brazil
In 2014-15, oil from Brazil constituted $2.51 billion of India's imports, In 2015-16 it declined to $1.24 billion, but it has been increasing steadily.
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