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Lula proposes BRICS as alternative to G20

Lula propõe Brics como alternativa ao G20
Countries
BrazilChinaEgyptEthiopiaIndiaIndonesiaIranRussiaSaudi ArabiaSouth AfricaUnited Arab Emirates
Cooperation areas
Economic GrowthInclusive Multilateralism

Source: Poder360 | Original Published At: 2026-02-24 16:44:31 UTC

Key Points

  • Brazilian President Lula suggested BRICS could replace the G20 as the primary global economic forum during his India visit.
  • He emphasized BRICS' representation of nearly half the world's population and GDP, highlighting its expanded membership including Saudi Arabia, Egypt, and Indonesia.
  • Acknowledged US concerns about BRICS but stated the bloc seeks cooperation rather than a 'Cold War' dynamic.
  • Linked proposal to global trade tensions, citing Trump-era unilateral tariffs and advocating for multilateralism.
  • Called for increased coordination among Global South nations to counterbalance superpower negotiations.
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