Brazil: President adopted Decree No. 12,666 promulgating the Brazil-India Investment Cooperation and Facilitation Agreement

On 13 October 2025, the Vice-President of Brazil, acting as President, issued Decree No. 12,666 to enact the Investment Cooperation and Facilitation Agreement with India, signed in January 2020. The Agreement applies to investors and enterprises from both countries operating in each other’s territory, excluding portfolio investments and pre-investment expenses. It sets rules on fair treatment, protection against expropriation, and free transfer of funds. Investors must follow host country laws and promote responsible business practices. A Joint Committee and consultation process will help prevent disputes.