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BRICS Was Created As a Tool of Attack Against the Dollar: Lula

September 2, 2019 by mosesman

  • BRICS Was Created As a Tool of Attack Against the Dollar: Lula
    by PEPE ESCOBAR, CURITIBA, BRAZIL, https://www.asiatimes.com/
    Former Brazilian leader wishes emerging economies were closer, recalls Obama ‘crashing’ Copenhagen climate meet

    –
    In a wide-ranging, two-hour-plus, exclusive interview from a prison room in Curitiba in southern Brazil, former Brazilian president Luis Inacio Lula da Silva re-emerged for the first time, after more than 500 days in jail, and sent a clear message to the world.
    –
    Amid the 24/7 media frenzy of scripted sound bites and “fake news”, it’s virtually impossible to find a present or former head of state anywhere, in a conversation with journalists, willing to speak deep from his soul, to comment on all current political developments and relish telling stories about the corridors of power. And all that while still in prison.
    –
    The first part of this mini-series focused on the Amazon. Here, we will focus on Brazil’s relationship with BRICS and Beijing. BRICS is the grouping of major emerging economies – Brazil, Russia, India and China – that formed in 2006 and then included South Africa in their annual meetings from 2010.
    –
    My first question to Lula was about BRICS and the current geopolitical chessboard, with the US facing a Russia-China strategic partnership. As president, from 2003 to 2010, Lula was instrumental in formatting and expanding the influence of BRICS – in sharp contrast with Brazil’s current President, Jair Bolsonaro, who appears to be convinced that China is a threat.
    –
    Lula stressed that Brazil should have been getting closer to China in a mirror process of what occurred between Russia and China: “When there was a BRICS summit here in Ceará state in Brazil, I told comrade Dilma [Rousseff, the former president] that we should organize a pact like the Russia-China pact. A huge pact giving the Chinese part of what they wanted, which was Brazil’s capacity to produce food and energy and also the capacity to have access to technological knowledge. Brazil needed a lot of infrastructure. We needed high-speed rail, many things. But in the end that did not happen.”
    –
    Lula defined his top priorities as he supported the creation of BRICS: economic autonomy, and uniting a group of nations capable of helping what the Washington consensus describes as LDCs – least developed countries.
    –
    He emphasized: “BRICS was not created to be an instrument of defense, but to be an instrument of attack. So we could create our own currency to become independent from the US dollar in our trade relations; to create a development bank, which we did – but it is still too timid – to create something strong capable of helping the development of the poorest parts of the world.”
    –
    read more.

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