Lula and Xi Discuss BRICS Future and Trade Opportunities
Brazilian President Luiz Inacio Lula da Silva and Chinese President Xi Jinping held talks about business and BRICS' role in multilateralism, agreeing on the importance of the G20. Lula seeks new business opportunities and plans to address U.S. tariffs within BRICS, following criticism from former President Trump.
- Country:
- Brazil
Brazilian President Luiz Inacio Lula da Silva engaged in an hour-long conversation with Chinese President Xi Jinping, discussing bilateral trade relations and the strategic roles of BRICS and the G20 in defending multilateralism, according to Lula's office.
During their talk, both leaders emphasized their commitment to exploring new economic opportunities between their two nations, while agreeing on the importance of BRICS and G20 in global diplomacy.
Lula announced plans to confront trade tariffs instituted by former U.S. President Trump, who recently labeled BRICS as 'anti-American,' hinting at potential further tariffs.
(With inputs from agencies.)
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