In President Lula’s view, the measure should reduce vulnerabilities facing these nations and the asymmetries in the international financial system. “It’s not about replacing our currencies, but we need to work to ensure that the multipolar order we are aiming for is reflected in the international financial system. This discussion needs to be tackled with seriousness, caution, and technical solidity, but it can no longer be postponed,” he stated.

President Lula also addressed themes that have recurred in his speeches at international forums—such as the fight against climate change and hunger, the wars in the Middle East and Eastern Europe, taxing the super-rich, and the democratization of multilateral frameworks.