Lula Invites Mexico, Colombia, and Uruguay to Join BRICS Summit

Brazil’s President Lula invited Mexico, Colombia, and Uruguay to the upcoming BRICS summit in July. The summit aims to lessen reliance on the US dollar and promote local currencies. Lula stressed the need for broader participation in BRICS and aims to solidify South America’s global position through enhanced multilateral cooperation.
Brazilian President Luiz Inácio Lula da Silva extended an invitation to Mexico, Colombia, and Uruguay to attend the upcoming BRICS summit scheduled for July in Rio de Janeiro. The BRICS bloc, encompassing Brazil, China, and India, is representative of 40% of the global population. This summit will prioritize initiatives aimed at reducing reliance on the US dollar and fostering the use of local currencies in international transactions.
Lula emphasized the significance of expanding participation in BRICS to enhance multilateral dialogue and promote international trade. This invitation coincided with Lula’s visit to Montevideo for the inauguration of Uruguayan President Yamandú Orsi and is part of a broader strategy to strengthen South America’s role within global alliances.
The President also highlighted that BRICS nearly accounts for 50% of the world’s population and a similar proportion of the global GDP. He urged the creation of a joint document reaffirming commitments towards free trade and cooperative international relations, stating, “The BRICS are not a small thing. They have almost half of humanity.”
Additionally, President Lula committed to enhancing Brazil’s collaboration with Uruguay in crucial domains, including South American integration, Mercosur, energy transition, and the defense of democratic values. He expressed, “We will work together on the climate agenda.”
In terms of regional engagement, Uruguayan President Yamandú Orsi engaged in discussions with Colombian President Gustavo Petro, focusing on advancing technological integration between Uruguay and Colombia. Uruguayan Foreign Minister Mario Lubetkin reported, “A deep reflection was made on how to advance in South American integration, an issue that in part is pending.”
During their conversations, both leaders deliberated on South American unity and emphasized the necessity of integrating advanced technologies, algorithms, and artificial intelligence, as indicated by President Petro.
In conclusion, President Lula’s invitation to Mexico, Colombia, and Uruguay to the BRICS summit signifies a strategic move towards enhancing multilateral cooperation and reducing dependency on the US dollar. The summit aims to establish foundational economic and political strategies to position South America as a significant player in global affairs. Lula’s commitment to fostering regional partnerships further emphasizes the importance of collaboration in technology and trade for South American nations.
Original Source: en.mercopress.com