14:09We have many different economic complementarities.
14:13The trade exchange with the BRICS countries went to $210 billion last year,
14:21more than the double of trade flow with the European Union.
14:26Just in terms of agribusiness, the Brazilian agribusiness,
14:31we exported $71 billion just from the agribusiness, Brazilian agribusiness.
14:39Our countries can lead a new development model based in sustainable agriculture,
14:49green industry, resilient infrastructure, and bioeconomics.
14:55We gather 33% of arable land in the world, and that is responsible for 42% of the global agriculture and livestock production.
15:09Rural credit, fostering low-carbon agriculture and restoring degraded land,
15:16potentialize our capacity to produce food for the world.
15:19The BRICS were essential for the creation of the global alliance against hunger and poverty.
15:25To strengthen the industrial complex of health, the health industrial complex,
15:34to enhance access to medication,
15:37it is fundamental to overcome diseases that are socially determined that affect the most vulnerable countries.
15:43the technological revolution that pervades all sectors of our economies.
15:49Public and digital infrastructures make it physical innovations
15:55and create opportunities for startups for SMS, small and medium-sized companies.
16:02Artificial intelligence brings possibilities that a few years ago we could never imagine that it could happen.
16:08In the absence of clear-cut guidelines that were agreed collectively and models based only in the experience of great big techs will impose themselves.
16:20The risks and the collateral effects of artificial intelligence demand a multilateral governance.
16:30The decarbonization of our economies is an irreversible process.
16:36Just shortly before the COP30, we reinforce our responsibility with promoting a just, inclusive ecological transition.
16:46Brazil presented its NDCs that foresees a reduction from 59% to 67% of greenhouse gas emissions.
16:57Our countries are already amongst the largest investors in renewable sources of energy in the planet.
17:04There is an immense potential to enhance the production of biofuels, batteries, solar panels, and wind-powered turbines.
17:17We have strategic essential minerals for the energy transition.
17:21The BRICS concentrate 84% of the reserves of rare earth, 66% of manganese, and 63% of the graphite of the world.
17:33According to the Energy International Agency, the demand for critical minerals should triple until 2040.
17:43We want to go beyond the extraction of this wealth.
17:47In partnership with the private sector, we can qualify our participation in all the stages of the supply chain.
17:55Brazil is very well positioned for this leap forward.
17:58We have regulatory stable frameworks, qualified skilled manpower, and clean energy for processing in an official manner, the minerals, and in a sustainable way.
18:14To consolidate so many funds demands mobilizing resources.
18:18Yesterday, I participated in the 10th annual meeting of the governors of the New Development Bank.
18:23From the creation of the NDB, $40 billion were passed in 120 projects in the field of transportation, basic sanitation, and clean energy.
18:34When we trigger or leverage the use of local currencies, the NDB has also contributed to reduce transaction costs and to facilitate financial operations.
18:45With the objective to simplify trade and investments, the central banks of the BRICS are working to develop payment means that are transborder, instant, and safe.
18:57The national development banks are also important allies.
19:04In Brazil, the National Development Bank, the BNDES, is reaching records from 2023.
19:13We tapped more than $50 billion for projects for sustainable production transformation.
19:21Dear friends, I'd like to thank you once again for the Business Council of the BRICS has played a central role that has been exercised in promoting trade and in the improvement of the business environment of the BRICS.
19:36I congratulate the Business Women's Alliance for the fundamental action in favor of women and interpretership and gender equality.
19:46To enhance and qualify the women's participation in the labor markets, brings productivity gains and accelerates economic growth.
