Brazilian President points out that the union of the interests of the Global South Nations is fundamental, since the bloc represents about half of the world’s population and a third of Global GDP
The President (PT) reaffirmed his position in favor of creating a common currency among the countries of, during a recent interview with Band News. “You have to test it. If testing and failing, I was wrong. But I think you need to convince me that I’m wrong,” Lula said in an interview with journalist Reinaldo Azevedo. He emphasized the need to test this idea, noting that the block is a positive milestone for Brazil.
According to Lula, the union of the interests of the global southern nations is fundamental, since the BRICS represent about half of the world’s population and a third of Global GDP. In his speech, Lula addressed the issue of dollar dependence on international transactions. “We can’t depend on the dollar, which is a single country coin, which was assumed as the world’s coin,” he said. “The dollar is an important currency, but we can argue in the BRICS, the need for a trade coin between us,” he added.
The agent raised the hypothesis that countries could negotiate using their own currencies, which could reduce this dependence. The president defended the importance of multilateralism, which, according to him, favors a balance in trade relations between nations. In addition to discussing the BRICS currency, Lula announced that he will be responsible for opening the UN General Assembly on September 23. During his speech, he intends to highlight Brazil’s sovereignty and address environmental issues that are of great relevance today.
The president also criticized the lack of commitment to the Kyoto Protocol and the United States withdrawal from the Paris Agreement. Lula revealed that, in an effort to promote international cooperation, he sent a letter to former President Donald Trump inviting him to participate in the Parties Conference (COP). However, so far, he has not received an answer. This initiative demonstrates Brazil’s interest in dialoguing on climate issues and seeking joint solutions with other nations.
*Report produced with the aid of AI
