Brazil's Lula urges Mercosur to deepen ties with Asia
Published by Global Banking & Finance Review®
Posted on July 3, 2025
1 min readLast updated: January 23, 2026
Published by Global Banking & Finance Review®
Posted on July 3, 2025
1 min readLast updated: January 23, 2026
Brazil's President Lula calls for Mercosur to strengthen ties with Asian nations, highlighting the economic benefits of closer relations with countries like Japan and China.
BUENOS AIRES (Reuters) -Brazilian President Luiz Inacio Lula da Silva said on Thursday that the Mercosur bloc of South American countries should focus on strengthening its ties with Asian nations, which he described as the "dynamic center" of the global economy.
"Our participation in global value chains will benefit from closer ties with Japan, China, South Korea, India, Vietnam and Indonesia," Lula said during a speech at the Mercosur summit in Buenos Aires.
(Reporting by Isabel Teles in Sao Paulo; Editing by Gabriel Araujo)
Lula emphasized the need for Mercosur to strengthen its ties with Asian nations to enhance participation in global value chains.
Lula mentioned Japan, China, South Korea, India, Vietnam, and Indonesia as key nations for closer ties.
Lula made his speech during the Mercosur summit held in Buenos Aires.
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