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

I am honored to welcome President Michel Temer to India.I am delighted that Goa with its common cultural Portuguese heritage is part of his maiden visit to India. Though separated by geography, Brazil and India 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 India and Brazil 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 Brazil in 2014. It was the first country I visited outside Asia after assuming office. I felt the full warmth of our friends in Brazil towards India. Excellency, India 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. Brazil is among our most important economic partners in Latin America. I am happy to note that India and Brazil 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 Brazil. In this, India can be a valuable partner. I welcome Brazilian companies to come and invest in India 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 India’s 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 Brazil as an important partner in early adoption of the Comprehensive Convention Against International Terrorism (CCIT) at the United Nations. We thank Brazil for understanding India's aspiration for membership of the Nuclear Suppliers' Group.

Excellency and Friends,

Both bilaterally and multilaterally, the partnership between India and Brazil 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.

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List of Outcomes: Prime Minister’s Visit to the UAE
May 15, 2026

S.No.

MoU/Agreement

Objectives

1.

MoU on Strategic Collaboration between Indian Strategic Petroleum Reserves Limited (ISPRL) and Abu Dhabi National Oil Company (ADNOC)

(a) Potential ADNOC crude oil storage in India’s Strategic Petroleum Reserves upto 30 million barrels, including through its participation in facilities in Vishakhapatnam, Andhra Pradesh; and development of reserve facilities in Chandikol, Odisha.

(b) Potential storage of crude oil in Fujairah, UAE, to form part of the Indian strategic petroleum reserve;

(c) Potential collaboration in Liquid Natural Gas and Liquid Petroleum Gas storage facilities in India

2.

Strategic Collaboration Agreement between Indian Oil Limited (IOCL) Company and Abu Dhabi National Oil Company (ADNOC) on supplies of Liquified Petroleum gas (LPG)

Explore potential opportunities in the sale and purchase of LPG, including long term supply of LPG, and entry into a long-term LPG sale and purchase agreement between ADNOC Gas Limited and IOCL.

3.

Framework for the Strategic Defence Partnership

A Strategic Framework for Defence Industrial collaboration, innovation and advanced technology, training, exercises, education and doctrine, special operations and interoperability, maritime security, cyber defence, secure communications and information exchange.

4.

MoU between Cochin Shipyard Limited (CSL) and Drydocks World (DDW) on setting up Ship Repair Cluster at Vadinar

 

Cooperation for setting up a Ship Repair Cluster at Vadinar, including offshore fabrication, under the Maritime Development Fund Scheme launched by the Government of India.

5.

MoU between Cochin Shipyard Limited (CSL), Drydocks World (DDW) and Centre of Excellence in Maritime & Shipbuilding (CEMS) on Skill Development in Ship Repair

The tripartite agreement establishes a framework to mobilize, train and employ skilled maritime workforce. The MoU seeks to enhance capabilities of Indian maritime workforce and position India as a hub for skilled shipbuilding and ship repair professionals.

6.

Term Sheet for setting up 8 Exaflop Super Computing Cluster in partnership between CDAC, India and G-42, UAE

 

Pave the way for collaboration between CDAC and G-42 to set up super computing cluster as part of AI Mission India.

Announcement

7.

Investment from UAE to India

(i) Abu Dhabi Investment Authority (ADIA) and National Infrastructure & Investment Fund (NIIF) of India to explore investments upto US$ 1 bn in India’s infrastructure sector.

(ii) Emirates New Development Bank (ENBD) to invest US$ 3 billion in RBL BANK of India

(iii) International Holding Company to invest US$ 1 billion in Sammaan Capital of India.