Brazilian President Luiz Inácio Lula da Silva and Japan’s Prime Minister Shigeru Ishiba have reaffirmed their commitment to democracy and free trade. They plan to sign a five-year action plan to bolster cooperation across various sectors, addressing challenges posed by rising protectionism and geopolitical tensions. Both leaders acknowledged Brazil’s and Japan’s roles as significant economic partners facing U.S. tariffs.

Leaders from Brazil and Japan have underscored the significance of democracy and free trade during a meeting in Tokyo. Brazilian President Luiz Inácio Lula da Silva highlighted the necessity of multilateralism and condemned emerging threats to democratic governance. Alongside Japan’s Prime Minister Shigeru Ishiba, they agreed to enhance bilateral relations across various sectors.

The two leaders are set to formalize an action plan aimed at strengthening cooperation over the next five years, covering key areas such as security, economics, trade, and climate change. President Lula indicated that the current geopolitical climate, characterized by rising protectionism and tensions likened to a “cold war” between the United States and China, presents an ideal moment to revive their strategic partnership.

Lula further asserted the essential role of democracy as the foremost governmental structure and reaffirmed the need to uphold multilateralism and free trade principles. With Brazil being the second-largest steel exporter to the U.S. and Japan the sixth, both nations confront a 25% duty imposed by U.S. tariffs.

Prime Minister Ishiba noted Brazil’s significant status as the ninth-largest economy globally, reinforcing its shared principles and values with Japan. Additionally, President Lula had previously met Emperor Naruhito and participated in a state banquet at the State Guest House, emphasizing the diplomatic ties between the two countries.

In conclusion, the meeting between President Lula of Brazil and Prime Minister Ishiba of Japan accentuated the shared commitment to democracy and multilateral trade. Their agreement to develop a strategic action plan over the next five years reflects a proactive approach to counteract rising protectionism and reinforce international cooperation amidst global tensions. They emphasized the importance of their partnership in maintaining democratic values and advancing mutual interests.

Original Source: abcnews.go.com

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