Brazilian President Jair Messias Bolsonaro will on January 24 begin a four-day visit to India, primarily as chief guest on Republic Day and also to explore ways to boost trade ties at a time both the large economies are hit by slowdowns.
On his first visit to India after assuming power, Bolsonaro will be accompanied by seven ministers, top officials and a large business delegation.
"President of Brazil Jair Messias Bolsonaro will be paying a state visit to India from January 24-27 at the invitation of Prime Minister Narendra Modi. He will be the chief guest at India's 71st Republic Day Parade on January 26
Brazil has five producing regions. The North of the country stands out for the vegetal extractivism, with products such as latex, wood and nuts. The mining activity is also expressive, regarding mainly the extraction of iron and copper. The Manaus Free Trade Zone focuses the forefront of national electronics production, such as TV sets, computers, and electronics in general. In the Northeast, tourism and the production of sugar cane predominate.
In the Central-West, agriculture (soybean and corn plantations) and cattle raising, region characterize region’s economy as being an essentially agricultural.
The Southeast is one of the most promising regions, with the largest industrial park, home to large automakers, steel mills and factories in general, as well as in the agricultural and livestock sector, for the production of sugar cane, coffee and livestock, meat (Brazil is the largest exporter of beef in the world), as well as being the largest producer of aircraft equipment. The oil sector is also very strong in the region.
At last, the South of the country, which stands out for the metallurgical, automotive, textile and food sectors.
Foreign Trade in Brazil represents more than ¼ of GDP, leading the country to be part of the 25 largest exporters and importers in the world, showing excellent economic potential. The country's export focus is mainly on agricultural and food products - such as coffee, sugar, corn and meat -, minerals and oil.
The economic activities are distributed in the Indian Territory according to the potentiality of each region. The north of the country is characterized by fertile land, concentrating much of the agricultural production especially in the Ganges Valley, making India the county with the largest arable land in the world.
India and Brazil stand out among the largest democracies in the world and share a multicultural, ethnical and religious nature that is expressed in the diversity that is so characteristic and respected in both countries.
Both in India and Brazil countries share several similarities, as social, political, geographical and economical, that contribute to the optimization of this relationship over the years.
The number of MoU are expected to be signed during the visit of President of Brazil to India later this month.
