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India signs three key deals with Brazil
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SME Times News Bureau | 17 Jul, 2014
Prime Minister Narendra Modi Wednesday described Brazil as India's "key
global partner" as the two countries inked three deals on cooperation in
environment issues, consular and mobility issues, and for augmentation
of a Brazilian earth station for receiving and processing data from
Indian remote sensing satellites.
Modi, who was received by
Brazilian President Dilma Rousseff with full military honours at the
presidential palace in the capital Brasilia, reaffirmed to her "vast
potential" for cooperation between the two countries.
"Modi noted
that as two democracies and major emerging economies, India and Brazil
not only had vast potential for bilateral cooperation, but also to
strengthen each other in international forums and advance the interest
of the developing world at large," said a statement from the Prime
Minister's Office.
Rousseff, whom Modi congratulated for hosting
an "excellent" FIFA World Cup, emphasised the international significance
of the partnership between India and Brazil.
"Rousseff
congratulated Narendra Modi for his impressive victory in the (Lok
Sabha) elections and wished him all success for India's progress and
development," the statement said.
The two leaders agreed to take
steps to further expand and diversify trade and investment flows and
deepen cooperation in agriculture and dairy science, conventional and
renewable energy, space research and applications, defence, cyber
security and environment conservation.
Through a memorandum of
understanding (MoU) on environment issues, the two countries mutually
agreed to extend cooperation on climate change, biodiversity,
afforestation in arid areas, water conservation and protection of
wetlands, waste management among other things.
India and Brazil also signed an agreement on the establishment of a consultation mechanism on consular and mobility issues.
They
agreed to establish a bilateral mechanism for consultation on bilateral
consular and mobility issues and on bilateral legal cooperation,
including issues related to the movement of people between the two
countries.
The two nations further agreed for cooperation in
augmentation of a Brazilian earth station for receiving and processing
data from Indian Remote Sensing (IRS) satellites.
The agreement
designated the National Institute for Space Research (INPE), the
Brazilian executive agency for earth observation data reception,
processing, archiving, and distribution, to take responsibility and to
work together with the Indian Space Research Organisation (ISRO) and its
executive agency, the National Remote Sensing Centre, in order to
accomplish the actions in the agreement.
Modi described the BRICS
(Brazil, Russia, India, China, South Africa) summit as "a historic one,
which has produced two important agreements - the New Development Bank
and the BRICS Contingent Reserve Arrangement - and lauded Rousseff for
her guidance during the summit".
"As leaders of G4 countries,
Modi and Rousseff called for urgent progress on reforms of the United
Nations, including the Security Council, by the time of the 70th
anniversary of the UN in 2015," the statement said.
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