Brazil President Lula da Silva defends closer ties with Africa

Brazilian President Luiz Inácio Lula da Silva spoke at the BRICS Business Forum in Johannesburg.

BRICS is a group consisting of Brazil, Russia, India, China, and South Africa, representing major emerging economies.

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The BRICS group has a significant global presence, comprising 40% of the world's population and over 30% of the global economic output.a

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He sees Africa as offering vast opportunities and significant growth potential.

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Lula da Silva stated that the BRICS group has a unique opportunity to influence global development.

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He addressed entrepreneurs as part of the effort to shape global development.

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Lula da Silva highlighted that together, the BRICS countries represent a third of the world economy.

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