Brazil’s President Lula has invited Mexico, Colombia, and Uruguay to the July BRICS summit in Rio. The summit will focus on reducing reliance on the US dollar and promoting local currencies. Lula emphasized the need for broader dialogue to enhance multilateralism and strengthen South America’s global role. He also committed to advancing Brazil’s partnership with Uruguay in key sectors.
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 partnership, which currently includes Brazil, China, and India, accounts for nearly 40% of the global population. The summit’s primary agenda involves reducing reliance on the US dollar and enhancing the use of local currencies in international transactions.
Lula underscored the necessity of expanding participation in discussions to fortify multilateralism and enhance global trade. His invitation occurred during his visit to Montevideo for the inauguration of Uruguayan President Yamandú Orsi. The summit aims to solidify economic and political strategies and elevate South America’s role within global alliances.
The leader of the Workers’ Party highlighted that BRICS represents about half of the world’s population and a similar share of global GDP. He advocated for the development of a joint document affirming the commitment to free trade and international cooperation, stating, “The BRICS are not a small thing. They have almost half of humanity.”
Lula also vowed to strengthen Brazil’s collaboration with Uruguay in essential areas, including South American integration, Mercosur, energy transition, and the defense of democracy, asserting, “We will work together on the climate agenda.”
In conjunction with his inauguration, President Orsi engaged in discussions with Colombian President Gustavo Petro regarding high-level technological integration between Uruguay and Colombia. Uruguayan Foreign Minister Mario Lubetkin noted that the meeting focused on advancing South American unity, emphasizing technology’s critical role in development and artificial intelligence. Petro remarked, “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.”
In summary, President Lula’s invitation to Mexico, Colombia, and Uruguay to participate in the BRICS summit signifies a strategic move to enhance multilateralism and regional cooperation in South America. The agenda prioritizes reducing US dollar dependence while advocating for local currency use in trade. Additionally, Lula’s commitment to strengthening ties with Uruguay highlights the importance of collaborative efforts in achieving economic and environmental goals within the region.
Original Source: en.mercopress.com
