Both players will take part in the Confederations Cup.
"Balotelli is a great guy and a wonderful player," said Neymar. "I often watch him on television with great pleasure.
"He is a real talent and has genuine quality. I hope to speak to him, maybe after Italy-Brazil. I'd love to become his friend.
"I can't help but wish him all the best, except for in the game against us, of course..."