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Brazilian President Lula: BRIC countries must forge a transparent system of global governance

Brazilian President Lula weighs in on the BRIC summit where Brazil, Russia, India, and China showed they are committed to building a joint diplomatic and creative approach to world issues.

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As a group, we will continue to advocate the democratization of the multilateral process of decisionmaking. Developing countries have the right to be heard. Bridging the gap that separates them from the rich countries is not only a matter of justice: The world’s economic, social and political stability depends on this. It is our best contribution to peace.

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From our perspective as emerging economies, the resources that are needed to overcome hunger and poverty may be considerable but are quite modest when compared with the cost of rescuing failed banks and financial institutions that are victims of their own speculative greed.

At the same time, there is no use offering food and charity if the distortion in world agricultural trade still persists. Unfair subsidies in rich countries discourage local production, foster dependency, and divert resources that would be better used in development programs. For this reason, the conclusion of the Doha Round is critical.

The negotiating impasse on global issues is nowhere as serious as that on climate change. In line with this, the BRIC countries are committed to helping close the deal that was elusive in Copenhagen, Denmark. Reducing greenhouse-gas emissions while maintaining robust growth in developing countries requires that everyone do their part – as the BRIC countries have been demonstrating with ambitious initiatives to mitigate their emissions.

For that reason, the large traditional polluters have a special charge.

The balance established by the Kyoto Protocol is essential for us to move forward together.

The international scene is cluttered with old problems, even as new ones emerge. Neither the BRIC members nor any other countries are able to face them alone. In the past, unilateralism has led to impasses, if not human catastrophes, such as Iraq.

In today’s world, we must therefore rely increasingly on each other. For that to happen we must forge a more representative and transparent system of global governance that can both inspire unity of purpose and revitalize the collective will to seek consensual solutions. In this journey toward a new world, the BRIC countries are committed to working together to fulfill our responsibilities.

Luiz Inácio Lula da Silva is the president of Brazil. This opinion piece has been translated from the Portuguese.

© 2010 Global Viewpoint Network/ Tribune Media Services. Hosted online by The Christian Science Monitor.