Brazilian President Lula da Silva invited Mexico, Colombia, and Uruguay to the BRICS summit in July. The summit will focus on reducing dependence on the US dollar and increasing the use of local currencies. Lula stressed the importance of enhancing multilateral relations and economic cooperation while pledging to solidify Brazil’s partnership with Uruguay, particularly in technological and climate initiatives.
Brazilian President Luiz Inácio Lula da Silva has extended invitations to Mexico, Colombia, and Uruguay to attend the upcoming BRICS summit scheduled for July in Rio de Janeiro. This influential bloc, comprising Brazil, China, and India, represents around 40% of the global population. The summit is set to concentrate on diminishing reliance on the US dollar and encouraging the use of local currencies in international transactions.
Lula underscored the significance of involving more nations in discussions to fortify multilateralism and enhance international trade. His invitation occurred during his visit to Montevideo for the inauguration of Uruguayan President Yamandú Orsi. The summit aims to enhance economic and political strategies, positioning South America as a pivotal player in global alliances.
The Workers’ Party leader stated that BRICS accounts for nearly 50% of the world’s population and a comparable share of the global GDP. In his address, Lula emphasized the necessity of developing a collaborative document that reaffirms the commitment to free trade and international cooperation. He asserted, “The BRICS are not a small thing. They have almost half of humanity.”
Additionally, President Lula pledged to strengthen Brazil’s collaboration with Uruguay in key areas such as South American integration, Mercosur, energy transition, and the defense of democracy. He expressed, “We will work together on the climate agenda.”
During the inauguration proceedings, President Orsi also engaged with Colombian President Gustavo Petro, discussing opportunities to integrate Uruguay and Colombia at the forefront of technological advancements. Uruguayan Foreign Minister Mario Lubetkin reported that the leaders engaged in a thorough dialogue regarding South American integration, which remains a priority.
Petro highlighted that they focused on uniting Uruguay and Colombia through advanced technology, particularly in developing algorithms and artificial intelligence. This initiative aims to enhance cooperation in the realm of technological development across the region.
In summary, President Lula’s invitation to Mexico, Colombia, and Uruguay to join the BRICS summit signifies an effort to bolster multilateral ties and enhance regional integration in South America. The summit will prioritize reducing reliance on the US dollar and promoting local currencies, with a strong emphasis on collaboration in trade, technology, and climate issues. These developments could position South America as a more influential player on the global stage.
Original Source: en.mercopress.com
