India-Brazil alliance deepens: Lula advisor on defence deals, BRICS currency, and a joint warning to Trump
Cooperation areas
Source: India Today | Original Published At: 2025-12-13 17:14:38 UTC
Key Points
- Brazil is exploring procurement of India's Akash air defense systems and potential joint defense technology development.
- BRICS de-dollarization is framed as inevitable due to shifting global economic dynamics, with India and Brazil developing interconnected payment systems in local currencies.
- The interview critiques Trump's tariffs as economically irrational while emphasizing BRICS' role in promoting multilateralism.
- Brazil-India trade expansion plans include health, defense, and high technology sectors beyond the BRICS framework.
- Brazil warns against US military intervention in Venezuela, emphasizing regional stability and sovereignty.