India-Brazil set target of USD 15 billion trade by 2022

Speaking at the India-Brazil Business Forum, Union Minister of Commerce and Industry & Railways Piyush Goyal hoped that as Brazil is one of the most important trading partners of India in the entire LAC (Latin America and Caribbean) region, trade between the two countries will grow to USD 15 billion by 2022. The 15 MoUs of cooperation have been signed on sectors like investments, trade facilitation, social security, agriculture, defence & double taxation, during the visit of the President of Brazil.