{"id":13124,"date":"2020-01-22T17:05:00","date_gmt":"2020-01-22T11:35:00","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=13124"},"modified":"2020-01-22T17:05:00","modified_gmt":"2020-01-22T11:35:00","slug":"india-brazil-to-sign-strategic-action-plan","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/india-brazil-to-sign-strategic-action-plan\/","title":{"rendered":"India, Brazil to sign Strategic Action Plan"},"content":{"rendered":"\n<p><strong>News:<\/strong>Brazilian President will be visiting India as the Chief Guest of the Republic Day celebrations from January 24-27,2020.<br><\/p>\n\n\n\n<p><strong>Facts:<\/strong><br><\/p>\n\n\n\n<p><strong>About the visit:<\/strong><\/p>\n\n\n\n<p>India and Brazil are expected to sign 20 various agreements across defence, energy, agriculture, healthcare and minerals.Among them,the major ones are:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Strategic Action Plan:<\/strong>India and Brazil will upgrade their strategic partnership with a strategic action plan.The Action Plan will serve as an umbrella agreement to increase defence cooperation, technology sharing and a logistics agreement.<\/li><li><strong>Bilateral investment treaty:<\/strong>The two countries are also expected to sign a Bilateral Investment Treaty which will be the first revised one that India will sign with any country since 2015.<\/li><li><strong>Social Security Agreement(SSA):<\/strong>The two countries will also exchange a Social Security Agreement (SSA) first signed in March 2017.It will allow investments in each other\u2019s pension funds to help business processes and encourage the flow of investment.<\/li><\/ul>\n\n\n\n<p><strong>Additional information:<\/strong><br><\/p>\n\n\n\n<p><strong>India-Brazil Relations:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>India and Brazil diplomatic bilateral relations were established in 1948.The relations are based on a common global vision, shared democratic values and a commitment to foster economic growth of both countries.<\/li><li>They share a close and multifaceted relationship at bilateral level as well as in plurilateral level such as BRICS, BASIC, G-20, G-4, IBSA, International Solar Alliance among others.<\/li><li>The Bilateral relations were elevated to a Strategic Partnership level in 2006.<\/li><li>In 2018, India was the 11th biggest exporter to Brazil and the tenth biggest importer from the country.The bilateral trade stands at about $8 billion.<\/li><li>In 2018,Indian investments in Brazil were around U.S.$ 6 billion and Brazilian investments in India are estimated at U.S.$ 1 billion.<\/li><li>Brazil is also among the top ten oil producers in the world. Major reforms are being undertaken in Brazil&#8217;s energy sector which will help to increase not only production but also oil exports.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News:Brazilian President will be visiting India as the Chief Guest of the Republic Day celebrations from January 24-27,2020. Facts: About the visit: India and Brazil are expected to sign 20 various agreements across defence, energy, agriculture, healthcare and minerals.Among them,the major ones are: Strategic Action Plan:India and Brazil will upgrade their strategic partnership with a&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/india-brazil-to-sign-strategic-action-plan\/\">Continue reading <span class=\"screen-reader-text\">India, Brazil to sign Strategic Action Plan<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[164],"tags":[5896,42,5897],"class_list":["post-13124","post","type-post","status-publish","format-standard","hentry","category-international-relations-daily-factly-articles","tag-brazi","tag-india","tag-strategic-action-plan","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":1700774292,"cached_date":1704938093},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/13124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=13124"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/13124\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=13124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=13124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=13124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}