Brazilian President Luiz Inácio Lula da Silva has invited Mexico, Colombia, and Uruguay to join the upcoming BRICS summit in July, focusing on reducing dependence on the US dollar and promoting local currencies. Lula emphasized the need for broader dialogue and cooperation among nations to enhance international trade and multilateralism. Discussions between leaders also centered on South American integration and advanced technology sectors.
Brazilian President Luiz Inácio Lula da Silva has invited Mexico, Colombia, and Uruguay to join the forthcoming BRICS summit scheduled for July in Rio de Janeiro. BRICS, which comprises Brazil, China, and India, accounts for approximately 40% of the global population. The upcoming summit will concentrate on diminishing reliance on the US dollar and advancing the use of local currencies in international transactions.
Emphasizing the significance of broader international dialogue, Lula noted that inclusion of more nations is crucial for enhancing multilateral cooperation and stimulating global trade. This invitation was extended during his visit to Montevideo for the inauguration of Uruguayan President Yamandú Orsi. The purpose of the summit is to solidify economic and political strategies, thereby positioning South America as an influential entity in global alliances.
The President of the Workers’ Party reiterated that BRICS represents nearly 50% of the global population as well as a comparable share of the world’s Gross Domestic Product (GDP). In his address, he advocated for the creation of a joint document reaffirming a commitment to free trade and international cooperation, stating, “The BRICS are not a small thing. They have almost half of humanity.”
In conjunction with these developments, Lula expressed a commitment to enhance Brazil’s collaborative efforts with Uruguay, focusing on areas such as South American integration, Mercosur, energy transition, and the defense of democratic values. He proclaimed, “We will work together on the climate agenda.”
Moreover, during President Orsi’s inauguration, discussions took place between him and Colombian President Gustavo Petro regarding the integration of Uruguay and Colombia in advanced technology sectors. Uruguayan Foreign Minister Mario Lubetkin detailed that these discussions centered on progressing South American integration, which he noted remains a pending matter.
President Petro emphasized the importance of technological advancement, stating, “We talked about South American unity and about integrating Uruguay and Colombia in the maximum of technology, which is the sapience on technological development, algorithms and artificial intelligence.”
In conclusion, President Lula’s invitation to Mexico, Colombia, and Uruguay for the BRICS summit signifies a pivotal moment for fostering multilateralism and enhancing regional cooperation in South America. The summit aims to strengthen economic ties while reducing reliance on the US dollar, highlighting the potential of local currencies in global trade. Lula’s commitment to collaboration in crucial areas underscores the importance of joint efforts towards sustainable development and technological advancement in the region.
Original Source: en.mercopress.com
