GS2 · India-Latin America

India-Brazil Trade Monitoring Mechanism meets

Battle IAS current affairs title card: India-Brazil Trade Monitoring Mechanism meets (GS2 · India-Latin America, 7 October 2025)

What happened

  • The 7th India-Brazil Trade Monitoring Mechanism met in New Delhi on 7 October 2025 [PIB].
  • The leaders had set a target of USD 20 billion bilateral trade in five years during the PM’s July 2025 visit; trade in FY 2024-25 was USD 12.19 billion [PIB].

Background

  • Brazil is India’s largest trading partner in Latin America and the Caribbean [PIB].

Why it matters

  • Both are BRICS and G20 members; trade still lags the political closeness.

How to use this in Mains

GS-II Bilateral, regional and global groupings and agreements involving India

  1. As per PIB (2025-10-07): the 7th India-Brazil Trade Monitoring Mechanism met in New Delhi on 7 October 2025.
  2. Both are BRICS and G20 members; trade still lags the political closeness.
Quotable data point

The leaders had set a target of USD 20 billion bilateral trade in five years during the PM's July 2025 visit; trade in FY 2024-25 was USD 12.19 billion.

PIB: Commerce: India-Brazil TMM, 7 Oct 2025

Exam angle

UPSC

Mains: India-Brazil.

Practice MCQs

Original practice questions (not PYQs).

Practice · UPSC

Bilateral trade target

Answer (b) & explanation

PIB.

Practice · UPSC

Trade in FY 2024-25

Answer (b) & explanation

PIB.

Practice · UPSC

Brazil's position among India's LAC partners

Answer (a) & explanation

PIB.

Go deeper

Official source: PIB: Commerce: India-Brazil TMM, 7 Oct 2025

facts from cited sources only; faculty review pending