٠٠:٠٤:٢٤Brazilian leader Luiz Inacio Lula da Silva said his country was interested in 'boosting trade and investment relations with the BRICS group' and praised Egypt's admission earlier this year, as he held a press briefing with President Abdel Fattah el-Sisi in Cairo on Friday.
"BRICS offers countries the chance to be involved in the development process. It also establishes a multi-related world," he said. "Brazil has an interest in boosting trade and investment relations with the BRICS group to avoid global reliance on a single currency."
In January, Egypt, the UAE, Saudi Arabia, Iran, Ethiopia joined the BRICS group of Brazil, Russia, India, China and South Africa. The bloc has previously discussed de-dollarisation, transactions in national currencies, and has its own New Development Bank.
Meanwhile, El-Sisi added that the two leaders had agreed the 'need for a ceasefire in the Gaza Strip', as well as more aid, the release of 'captives and prisoners' and a 'post-war phase to establish a Palestinian state with Jerusalem as its capital'.
The Gaza war is currently in its fifth month. Media reports this week stated that negotiations were ongoing in Cairo, although on Wednesday, Israeli PM Benjamin Netanyahu reportedly refused to send a delegation for further talks and called on Hamas to drop 'delusional' demands.
The Palestinian group has called for movement towards a permanent ceasefire, withdrawal of Israeli troops from Gaza, reconstruction efforts and the release of over 1,000 prisoners in exchange for hostages.
Israel and the US previously backed an agreement involving an extended truce, as well as a hostage-prisoner swap.
'Boosting trade and investment with BRICS' - Lula praises Egypt's admission to bloc, reduction in 'global reliance on single currency'
Brazilian leader Luiz Inacio Lula da Silva said his country was interested in 'boosting trade and investment relations with the BRICS group' and praised Egypt's admission earlier this year, as he held a press briefing with President Abdel Fattah el-Sisi in Cairo on Friday.
"BRICS offers countries the chance to be involved in the development process. It also establishes a multi-related world," he said. "Brazil has an interest in boosting trade and investment relations with the BRICS group to avoid global reliance on a single currency."
In January, Egypt, the UAE, Saudi Arabia, Iran, Ethiopia joined the BRICS group of Brazil, Russia, India, China and South Africa. The bloc has previously discussed de-dollarisation, transactions in national currencies, and has its own New Development Bank.
Meanwhile, El-Sisi added that the two leaders had agreed the 'need for a ceasefire in the Gaza Strip', as well as more aid, the release of 'captives and prisoners' and a 'post-war phase to establish a Palestinian state with Jerusalem as its capital'.
The Gaza war is currently in its fifth month. Media reports this week stated that negotiations were ongoing in Cairo, although on Wednesday, Israeli PM Benjamin Netanyahu reportedly refused to send a delegation for further talks and called on Hamas to drop 'delusional' demands.
The Palestinian group has called for movement towards a permanent ceasefire, withdrawal of Israeli troops from Gaza, reconstruction efforts and the release of over 1,000 prisoners in exchange for hostages.
Israel and the US previously backed an agreement involving an extended truce, as well as a hostage-prisoner swap.
Brazilian leader Luiz Inacio Lula da Silva said his country was interested in 'boosting trade and investment relations with the BRICS group' and praised Egypt's admission earlier this year, as he held a press briefing with President Abdel Fattah el-Sisi in Cairo on Friday.
"BRICS offers countries the chance to be involved in the development process. It also establishes a multi-related world," he said. "Brazil has an interest in boosting trade and investment relations with the BRICS group to avoid global reliance on a single currency."
In January, Egypt, the UAE, Saudi Arabia, Iran, Ethiopia joined the BRICS group of Brazil, Russia, India, China and South Africa. The bloc has previously discussed de-dollarisation, transactions in national currencies, and has its own New Development Bank.
Meanwhile, El-Sisi added that the two leaders had agreed the 'need for a ceasefire in the Gaza Strip', as well as more aid, the release of 'captives and prisoners' and a 'post-war phase to establish a Palestinian state with Jerusalem as its capital'.
The Gaza war is currently in its fifth month. Media reports this week stated that negotiations were ongoing in Cairo, although on Wednesday, Israeli PM Benjamin Netanyahu reportedly refused to send a delegation for further talks and called on Hamas to drop 'delusional' demands.
The Palestinian group has called for movement towards a permanent ceasefire, withdrawal of Israeli troops from Gaza, reconstruction efforts and the release of over 1,000 prisoners in exchange for hostages.
Israel and the US previously backed an agreement involving an extended truce, as well as a hostage-prisoner swap.