Brazil’s President Lula invited Mexico, Colombia, and Uruguay to the BRICS summit in July, aiming to diminish reliance on the US dollar and promote local currencies. Lula emphasized multilateralism and strategic economic alliances. The initiative came during a visit to Uruguay for President Orsi’s inauguration, discussing joint commitments to trade and cooperation.
Brazilian President Luiz Inácio Lula da Silva has extended an invitation to Mexico, Colombia, and Uruguay to attend the forthcoming BRICS summit scheduled for July in Rio de Janeiro. The BRICS bloc, which also includes Brazil, China, and India, accounts for about 40% of the global population. Discussions at the summit will center on diminishing reliance on the US dollar in favor of local currencies for trade transactions.
Lula stressed the importance of expanding the dialogue among nations to bolster multilateralism and enhance international trade. This invitation coincided with Lula’s visit to Montevideo for the inauguration ceremony of Uruguayan President Yamandú Orsi. The summit aims to reinforce economic and political strategies, establishing South America as a significant player in global affairs.
The Workers’ Party leader highlighted that BRICS embodies nearly half of the world’s population and an equivalent proportion of global GDP. He called for the creation of a collective document that underscores the commitment to free trade and cooperation between countries. Lula stated, “The BRICS are not a small thing. They have almost half of humanity.”
In addition, Lula expressed Brazil’s intent to enhance its collaboration with Uruguay in crucial areas such as South American integration, Mercosur, energy transition, and democratic defense. He remarked, “We will work together on the climate agenda.”
During Orsi’s inauguration, he held discussions with Colombian President Gustavo Petro. Their talks focused on advancing the integration of Uruguay and Colombia through cutting-edge technology. Uruguayan Foreign Minister Mario Lubetkin elaborated that they engaged in comprehensive discussions on South American unity and technological advancements, including artificial intelligence.
In summary, Lula’s invitation to Mexico, Colombia, and Uruguay highlights a strategic move to enhance BRICS’s influence and foster greater cooperation among South American countries. This initiative, along with the planned discussions at the summit, aims to promote local currencies, bolster economic strategies, and facilitate technological integration, thereby positioning South America as a pivotal player in global alliances.
Original Source: en.mercopress.com
