Analyse the relevance of India-Brazil economic co-operation in strengthening the bilateral relations between the two countries.
Subtopic: Paper II · India-Brazil economic cooperation and the bilateral relationship
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State why the relationship needs an economic base, give the sectors, then the constraints and what would fix them.
- Energy and biofuels. Brazil's sugarcane ethanol programme is the world's oldest at scale and India's blending drive among the fastest growing; the Global Biofuel Alliance launched at the Delhi G-20 in 2023 institutionalises this.
- Agriculture. Brazil supplies soyabean oil and pulses, but the two compete in sugar, so cooperation must be negotiated rather than assumed.
- Pharmaceuticals. Indian generics have a large Brazilian market, and both defended intellectual property flexibilities during the pandemic.
- Defence, where Embraer's presence in India gives a base for co-production.
- Trade architecture. The India-Mercosur preferential agreement covers a narrow list; widening it is the largest available gain.