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Brazil's Lula urges Mercosur to deepen ties with Asia

Published by Global Banking & Finance Review

Posted on July 3, 2025

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· Last updated: January 23, 2026

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Brazil's Lula urges Mercosur to deepen ties with Asia
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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,

Lula Calls for Strengthening Mercosur's Ties with Asian Nations

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)

Key Takeaways

  • Lula emphasizes the importance of Asia for Mercosur.
  • Closer ties with Japan, China, and India are prioritized.
  • Asia is described as the dynamic center of the global economy.
  • Mercosur aims to enhance global value chain participation.
  • The speech was delivered at the Mercosur summit in Buenos Aires.

Frequently Asked Questions

What did Lula emphasize at the Mercosur summit?
Lula emphasized the need for Mercosur to strengthen its ties with Asian nations to enhance participation in global value chains.
Which Asian countries did Lula mention?
Lula mentioned Japan, China, South Korea, India, Vietnam, and Indonesia as key nations for closer ties.
Where did Lula make his speech regarding Mercosur?
Lula made his speech during the Mercosur summit held in Buenos Aires.

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