Lula Invites Mexico, Colombia, and Uruguay to Participate in Upcoming BRICS Summit

Brazilian President Lula da Silva has invited Mexico, Colombia, and Uruguay to the BRICS summit in July in Rio de Janeiro. The summit aims to address reducing reliance on the US dollar and promoting local currencies. Lula emphasized the importance of multilateralism and discussed deepening partnerships in South American integration and technology advancement between Uruguay and Colombia.

Brazilian President Luiz Inácio Lula da Silva has extended invitations to Mexico, Colombia, and Uruguay to attend the forthcoming BRICS summit scheduled for July in Rio de Janeiro. This coalition, which also includes Brazil, China, and India, represents 40% of the global population. The primary agenda of this summit will be to decrease reliance on the US dollar while advocating for the use of local currencies in international transactions.

President Lula underscored the necessity of broadening participation in the dialogue to enhance multilateralism and stimulate international trade. He issued the invitation during his visit to Montevideo for the inauguration of the Uruguayan President Yamandú Orsi. This summit aims to solidify economic and political strategies to elevate South America’s significance in global alliances.

The leader of the Workers’ Party emphasized that BRICS nations collectively account for nearly 50% of the global population and a comparable share of worldwide GDP. During his address, he called for the creation of a collaborative document to reaffirm commitments to free trade and cooperation among nations. “The BRICS are not a small thing. They have almost half of humanity,” he asserted.

Additionally, President Lula expressed commitments to enhance Brazil’s partnership with Uruguay in key areas, including South American integration, Mercosur, energy transition, and the safeguarding of democracy. “We will work together on the climate agenda,” he noted.

In parallel activities during President Orsi’s inauguration, discussions took place with Colombian President Gustavo Petro focusing on the technological integration of Uruguay and Colombia. They contemplated the advancement of South American integration, which the Uruguayan Foreign Minister, Mario Lubetkin, described as an issue that requires further attention.

President Petro elaborated, “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.”

Overall, the initiative led by President Lula highlights a significant movement towards fostering regional collaboration and establishing stronger ties within the BRICS framework.

In conclusion, the invitation from President Lula to Mexico, Colombia, and Uruguay to participate in the BRICS summit signifies a strategic effort to enhance multilateral cooperation and strengthen South America’s role in global affairs. The emphasis on reducing dependency on the US dollar and advocating for local currencies reflects a commitment to economic sovereignty. Additionally, the focus on technological integration between Uruguay and Colombia indicates a forward-thinking approach to regional development and collaboration in the face of contemporary challenges.

Original Source: en.mercopress.com

About Liam Nguyen

Liam Nguyen is an insightful tech journalist with over ten years of experience exploring the intersection of technology and society. A graduate of MIT, Liam's articles offer critical perspectives on innovation and its implications for everyday life. He has contributed to leading tech magazines and online platforms, making him a respected name in the industry.

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