Overview
- German and Brazilian officials signed 13 agreements in Hanover covering defense procurement, quantum computing, critical minerals and renewable energy.
- German Chancellor Friedrich Merz said he wants to double bilateral trade with Brazil, which totaled €20 billion in 2024.
- Brazil’s President Luiz Inácio Lula da Silva urged technology transfer and more local processing and said the partners will develop data centers, high‑performance computing and semiconductors to reduce dependence on foreign tech firms.
- The leaders backed the EU‑Mercosur trade pact taking effect on May 1, describing it as rules‑based trade with fewer tariffs.
- Lula highlighted Brazil’s vast yet under‑mapped mineral reserves, citing leading global positions in niobium, graphite, rare earths and nickel.