Brazil and India sign new trade agreement on critical minerals and rare earth metals

India and Brazil have signed an agreement on critical minerals and rare earth metals, the two countries announced after a meeting in New Delhi.

From the Indian perspective, the agreement is seen as a way to break dependence on China. Brazil has the world's second-largest reserves of critical minerals, which can be used in everything from the manufacture of electric cars to solar panels and mobile phones.

For Brazil, India is the tenth-largest export market. Products exported to India include sugar, crude oil and cotton.