India, Brazil sign agreement on critical minerals; 'major step in building a resilient supply chain,' says PM Modi

India and Brazil have signed a memorandum of understanding (MOU) on critical minerals and rare earths on Saturday. The agreement was finalised after talks between Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva in New Delhi, ANI reported.

While addressing a press conference, PM Modi announced the development, stating "the agreement reached on critical minerals and rare earths is a major step in building a resilient supply chain. Our cooperation in the defence sector is also steadily growing. This is a great example of mutual trust and strategic alignment. We will continue to strengthen this win-win partnership,"