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Brazilian President Luiz Inacio Lula da Silva defended a common trading currency for BRICS members on Tuesday as he reaffirmed his intention of rebuilding a relationship with the African continent.
Lula also praised Africa’s potential for growth and as a potential trading partner.
The Brazilian president expressed his desire of welcoming new members to BRICS.
While a potential enlargement remains up in the air, the grouping’s pledge to become a champion of the developing world and offer an alternative to a world order dominated by wealthy Western nations is already finding resonance.