Brazilian President Lula invited Mexico, Colombia, and Uruguay to the upcoming BRICS summit in Rio de Janeiro, aiming to reduce reliance on the US dollar and promote local currencies. The summit will emphasize strengthening multilateralism and enhancing trade. Lula also highlighted the partnership with Uruguay on South American integration and technology, reflecting a commitment to free trade and cooperation among nations.
Brazilian President Luiz Inácio Lula da Silva has extended invitations to Mexico, Colombia, and Uruguay to join the forthcoming BRICS summit scheduled for July in Rio de Janeiro. The BRICS bloc, comprising Brazil, China, and India, accounts for 40% of the global population and intends to reduce reliance on the US dollar while promoting local currencies for transactions.
In his remarks, President Lula underscored the necessity of incorporating more countries into the BRICS discussions to enhance multilateralism and strengthen international trade. This invitation occurred during Lula’s visit to Montevideo for the inauguration of Uruguayan President Yamandú Orsi, with the summit set to establish economic and political frameworks that position South America favorably in global alliances.
The leader of the Workers’ Party made a significant claim that BRICS represents nearly 50% of the world’s population and a comparable portion of global GDP. He emphasized the importance of creating a comprehensive document that reaffirms their commitment to fostering free trade and cooperation among nations, stating, “The BRICS are not a small thing. They have almost half of humanity.”
Additionally, President Lula expressed his dedication to enhancing Brazil’s partnership with Uruguay, focusing on critical areas such as South American integration, Mercosur, energy transition, and the protection of democracy. He stated, “We will work together on the climate agenda.”
On a related note, during the inauguration, President Orsi engaged with Colombian President Gustavo Petro, discussing the integration of technological capabilities between Uruguay and Colombia. Uruguayan Foreign Minister Mario Lubetkin noted the discussions concerning advancing South American unity and utilizing modern technologies in development, particularly in artificial intelligence. Petro highlighted the need for maximum technological integration, stating, “We talked about South American unity and about integrating Uruguay and Colombia in the maximum of technology.”
In conclusion, President Luiz Inácio Lula da Silva has invited Mexico, Colombia, and Uruguay to the BRICS summit to promote economic collaboration and reduce dependency on the US dollar. The summit aims to strengthen multilateralism in international trade while positioning South America as a crucial player on the global stage. Lula’s commitment to deepen partnerships and enhance technological integration with neighboring countries underscores the importance of unity in tackling contemporary challenges.
Original Source: en.mercopress.com
