Brazilian President Lula invited Mexico, Colombia, and Uruguay to the July BRICS summit in Rio, aiming to reduce reliance on the US dollar and promote local currencies. The meeting focuses on enhancing multilateralism and international trade, with an emphasis on South American unity and technology integration.
Brazilian President Luiz Inácio Lula da Silva has officially invited Mexico, Colombia, and Uruguay to the forthcoming BRICS summit scheduled for July in Rio de Janeiro. This significant bloc, encompassing Brazil, China, and India, constitutes nearly 40% of the global population. The summit’s primary objective will be to diminish reliance on the US dollar and advocate for the use of local currencies in international transactions.
Lula highlighted the necessity of expanding the dialogue to incorporate more nations, thereby reinforcing multilateralism and enhancing international trade. He extended this invitation during his visit to Montevideo for the inauguration of Uruguayan President Yamandú Orsi. The summit aspires to solidify economic and political initiatives while positioning South America as an influential participant in global alliances.
The leader of the Workers’ Party asserted that BRICS nations represent close to half of the world’s population and a corresponding share of global GDP. He urged the creation of a collaborative document that reaffirms a commitment to free trade and cooperation amongst nations. “The BRICS are not a small thing. They have almost half of humanity,” he emphasized.
In addition, President Lula expressed his intention to enhance Brazil’s partnership with Uruguay, focusing on key priorities such as South American integration, Mercosur, energy transition, and the defense of democracy. He remarked, “We will work together on the climate agenda.”
On the sidelines of President Orsi’s inauguration, he met with Colombian President Gustavo Petro to discuss technological integration between Uruguay and Colombia. Uruguayan Foreign Minister Mario Lubetkin indicated that a substantial discussion took place regarding the advancement of South American unity and integrating technological capabilities such as algorithms and artificial intelligence. President Petro stated the conversation revolved around maximizing technological development for regional advancement.
In conclusion, President Lula’s invitation to Mexico, Colombia, and Uruguay highlights the strategic efforts of the BRICS bloc to expand its influence and strengthen multilateral cooperation. The summit aims to address economic independence through local currencies and bolster South America’s position in international relations, reflecting a collective commitment to trade, technology, and sustainable development.
Original Source: en.mercopress.com
