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Press Statement by Prime Minister during the visit of President of Brazil to India

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Press Statement by Prime Minister during the visit of President of to India


Your Excellency President Michel Temer, Members of the media, Friends,

I am honored to welcome President Michel Temer to I am delighted that Goa with its common cultural Portuguese heritage is part of his maiden visit to Though separated by geography, and are natural partners linked by common values of democracy, rule of law and shared aspirations for development, peace and prosperity. President Temer as a foremost constitutional expert understands and appreciates this well. This visit takes place as both countries mark a decade of our strategic partnership. The world has changed in these ten years. The bilateral relations between and have grown for the better. We have increased interaction at all levels. We are also joined together in shaping the international context to support our common pursuits and endeavors. I warmly recall my visit to in 2014. It was the first country I visited outside Asia after assuming office. I felt the full warmth of our friends in towards Excellency, is the first country you have chosen for a bilateral visit outside Latin America since assuming your important new responsibility. Your visit reflects the importance we attach to our bilateral relationship. This was evident in our productive discussions this morning.

Friends,

President Temer and I have reviewed the full range of bilateral cooperation. Noting the potential for much more, we have agreed to scale up our engagement. This is in line with our mutual desire for a reinforced strategic partnership. is among our most important economic partners in Latin America. I am happy to note that and have finalized the text of a bilateral investment agreement. It will provide much needed momentum to increased bilateral business and investment linkages. We have taken note of the priority that President Temer attaches to reviving the domestic economic agenda in In this, can be a valuable partner. I welcome Brazilian companies to come and invest in and to forge long term commercial partnerships. President Temer and I have just met with our CEOs to hear from them first hand.I am encouraged at the steps they are taking to advance pragmatic collaboration.

We will fully support this.

I have sought President Temer's support in facilitating greater market access and investment opportunities for Indian products and companies. I am thankful for President Temer's positive consideration. We have also made progress in opening new areas of cooperation during this visit in drug regulation, agricultural research and on cyber security issues. President Temer and I also agreed to intensify and strengthen our coordination in important international fora. There is much that is common in our approach and positions. We will work closely at the United Nations, the G-20, G-4, WTO, BRICS, IBSA and other important platforms.

Excellency,

We deeply appreciate Brazil's support for Indias actions in combating terrorism. We agreed that the world must come together to fight this menace without distinction or discrimination.We will continue to work with as an important partner in early adoption of the Comprehensive Convention Against International Terrorism (CCIT) at the United Nations. We thank for understanding India's aspiration for membership of the Nuclear Suppliers' Group.

Excellency and Friends,

Both bilaterally and multilaterally, the partnership between and is filled with possibilities that we are keen to harvest. President Temer's visit provides an important occasion to work on a roadmap to achieve this. As they say in Portuguese "A uniao faz a forca" 'our union makes us stronger'.

Thank you.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, October 17 2016. 18:20 IST