Brazil and Indonesia sign agreements, and Lula confirms candidacy in 2026

Brazil and Indonesia signed a series of memorandums and cooperation agreements in various areas yesterday during President Luiz Inácio Lula da Silva’s official visit to the capital of Indonesia, Jakarta. Speaking to the press, the presidents of both countries highlighted the importance of strengthening ties and promoting collaboration in economic and political matters. President Lula expressed his support for utilizing local currencies instead of the dollar for trade, emphasizing the need for a more balanced and equitable exchange system. Both leaders reiterated their commitment to fostering a closer partnership through shared goals and mutual respect. The agreements signed cover a range of sectors, including trade, investment, technology, and cultural exchanges.