President defends dialogue of the Central Bank of Brazil and other countries to create a unified trade currency among the BRICS members
The President (PT) stated on Monday (7.Jul.2025) that no one determined that the dollar is the standard negotiation currency of the world, nor was there an international forum for this to be discussed. He defended the need for a unified currency for trade between the BRICS countries.
“No one has determined that the dollar is the standard currency. In which forum it was determined? And obviously we have all the responsibilities to do this very carefully. Our central banks need to discuss this with the central banks of other countries, but it is something that has no return. This happens slowly, and happens until it is consolidated,”, He told journalists after the bloc’s summit in Rio.
The petista’s statement is a counterpoint to US President Donald Trump (Republican Party). The American for countries aligned with “BRICS anti -American policies”. In January, Trump also that would rate countries at 100% if the group created its own currency.
According to Lula, the world needs to find a way the business relationship doesn’t have to go through the dollar. “When you go with the US, it goes through the dollar, when you go with Argentina, you don’t have to go through, when you go with China, you don’t have to pass, when you go with India, you don’t have to pass. When you go with Europe, it is discussed in euro,” these.
A BRICS currency is resistance between the bloc’s own countries, such as India. Russia defends the measure. The president of NBD, the Bank of the BRICS, supports it the Russian demand. His term in front of the bank was.
