Lula Invites Mexico, Colombia, and Uruguay to Participate in BRICS Summit

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Brazilian President Lula has extended an invitation to Mexico, Colombia, and Uruguay for the upcoming BRICS summit in July in Rio de Janeiro. The summit aims at reducing dependence on the US dollar, promoting local currencies, and solidifying South America’s position in global alliances. Lula emphasized the importance of broadening the dialogue to strengthen multilateralism and international trade.

Brazilian President Luiz Inácio Lula da Silva has invited Mexico, Colombia, and Uruguay to the BRICS summit scheduled for July in Rio de Janeiro. This influential bloc, consisting of Brazil, China, and India, represents a significant portion of the world’s population, at approximately 40%. The upcoming summit is poised to emphasize the goals of reducing reliance on the US dollar and encouraging transactions in local currencies.

Lula highlighted the necessity of involving additional countries in discussions to enhance multilateralism and foster international trade. His invitation to these nations coincided with his visit to Montevideo for the inauguration of Uruguayan President Yamandú Orsi. The summit intends to solidify economic and political strategies while aiming to establish South America as a prominent force in global alliances.

The Workers’ Party leader reiterated that BRICS encompasses nearly 50% of the global population, alongside a similar share of global GDP. During his remarks, the Brazilian president stressed the need for a collaborative approach in drafting a document that reinforces the commitment to free trade and inter-nation cooperation. “The BRICS are not a small thing. They have almost half of humanity,” he asserted.

Lula committed to enhancing Brazil’s collaboration with Uruguay in key sectors such as South American integration, Mercosur, energy transition, and upholding democratic values. He expressed, “We will work together on the climate agenda.”

Simultaneously, Uruguayan President Orsi engaged with Colombian President Gustavo Petro at his inauguration, discussing the advancement of high-level technological integration between Uruguay and Colombia. They reflected on the ongoing efforts toward South American integration, an area identified as requiring continued focus.

“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,” remarked Petro after their meeting.

In conclusion, President Lula’s invitation to Mexico, Colombia, and Uruguay to join the BRICS summit underscores the bloc’s ambition to expand its reach and influence on global economics. With a focus on reducing reliance on the US dollar and enhancing local currency transactions, the summit aims to enhance South America’s role in the international landscape. Collaborative efforts, particularly between Brazil and Uruguay, highlight the importance of regional integration and technological advancement in achieving these goals.

Original Source: en.mercopress.com

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