Brazilian President Lula Calls on G7 to Boost Investment in Global South
Brazilian President Luiz Inacio Lula da Silva urged G7 nations to increase investment in the Global South, emphasizing that sustainable global growth relies on expanding consumer markets in developing regions like Latin America, Africa, India, and China. Speaking after the G7 Summit, Lula highlighted the need for job creation, wage growth, and industrialization, especially in countries with critical minerals. He advocated for value addition, technology transfer, and local manufacturing to ensure long-term development rather than mere resource extraction. Lula also addressed digital governance and emerging technologies during summit discussions.