"The agreements signed between the two countries would pave the way for the booming of relations between Iran and Brazil in the near future", the state-run news agency Fars quoted Ahmadinejad as saying following three hours of closed-door talks with his Brazilian counterpart.
Iranian and Brazilian officials have also announced the signing of thirteen cooperation agreements in a number of areas, including sport, science, culture and trade.
Ahmadinejad arrived in the Brazilian capital on Monday on the second leg of his five-nation tour of Africa and South America.
The visit, is the first by an Iranian President since the 1979 revolution.