Brazil-India Trade Projected to Skyrocket

On a three-day visit to India, Brazilian President Luiz Inacio Lula da Silva and key officials here set a target of quadrupling bilateral trade by 2010 to $10 billion a year.

Prior to Lula’s departure to speak at the G8 summit, Brazil and India signed seven new agreements in a wide range of fields, including renewable energy and space exploration. To read more from Forbes.com click here.