The Brazilian envoy further noted that the induction of the African Union to the grouping is one of the brightest achievements of India's G20 presidency. Speaking about Brazil-India relations, Kenneth said, "India and Brazil have had very long-standing, political ties since India's independence. Trade ties have been evolving quite successfully in the last six to seven years. In 2022, India was the fifth exporter of Brazil. Since the time, I assumed office here, we have seen a large number of businesses and investments take place between India and Brazil, thereby boosting trade ties. Brazil invested largely in energy, agriculture, automobiles, IT, mining, and energy sectors in India".

India and Brazil-two of the world's largest sugar producers have held several rounds of talks to settle a long-standing dispute over sugar subsidies, with Brazil offering to share ethanol technology with India. Brazil is the largest producer of sugarcane and ethanol in the world. It is also a leader in the technology used for ethanol production.

This dispute traces its roots back to 2005 when India challenged Brazil's sugar subsidies at the World Trade Organization (WTO), contending that they distorted the global sugar market and impacted Indian sugar producers. The WTO ultimately ruled in favour of India, obliging Brazil to scale down its sugar subsidies.