Brazilian President Luiz Inácio Lula da Silva secured a historic fourth term after defeating Flávio Bolsonaro with 51.8 per cent of the vote. His victory preserves Brazil’s commitment to Brics. Lula’s fourth term offers India an opportunity to deepen its $15.21-billion trade relationship with Brazil, strengthen cooperation within BRICS and advance shared priorities on global governance. Will continue to advance shared priorities of Global South: PM congratulates Brazil's Lula on election.