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Thursday, July 5, 2007

India, Brazil sign seven pacts

India and Brazil invigorated their bourgeoning strategic and economic ties by signing seven pacts in areas ranging from space, trade and energy to academic exchanges.The pacts were signed in the presence of Prime Minister Manmohan Singh and Brazilian President Luiz Inacio Lula da Silva at the stately Hyderabad House here.The two leaders held talks on a wide spectrum of bilateral, regional and global issues including quadrupling their bilateral trade to $10 billion by 2010, civilian nuclear energy cooperation, promotion of bio-fuels, UN reforms and cooperation in multilateral forums like the World Trade Organisation (WTO).

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