Brazil's Lula Says Hormuz Is Vital To Trade
“The Strait of Hormuz has become a trench in the war, when it should remain a vital passage for international trade. Families around the world are paying the price through higher fuel, fertilizer and food costs,” the Brazilian president said. Due to the conflict in the Middle East, the Strait of Hormuz has been closed on several occasions, resulting in higher prices for oil, refined products and fertilizers, an essential input for agriculture on which Brazil is heavily dependent.
Lula also criticized the ongoing conflicts. He said generations of Palestinians will carry“the pain and trauma” caused by the genocide in Gaza.“Illegal settlements in the West Bank are making a two-state solution, essential for Israelis and Palestinians to live in security, increasingly unviable,” he said.
In other parts of his speech, Lula, without naming the United States, criticized the tariffs imposed by U.S. President Donald Trump and said Brazil needs partners with a positive agenda that promotes development.
Other parts of his address to the UN covered violence, the need to regulate Big Tech and environmental protection. Regarding rare earths, of which Brazil has the world's second-largest reserves, he said they should be developed for the benefit of the Brazilian people and generate wealth within the country.
Read more:
Brazil and Egypt reaffirm partnership in France
Translated by Guilherme Miranda
©Michael M. Santiago/Getty Images via AFPThe post Brazil's Lula says Hormuz is vital to trade appeared first on ANBA News Agency.
.jpg)
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept any
responsibility or liability for the accuracy, content, images, videos,
licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright issues
related to this article, kindly contact the provider above.
Comments
No comment