In opening remarks to the summit, #Brazil's President Luiz Inacio Lula da Silva drew a parallel w/the #ColdWar's #NonAlignedMovement, a group of developing nations that resisted joining either side of a polarized global order.
"#BRICS is the heir to the Non-Aligned Movement," Lula told leaders. "With multilateralism under attack, our autonomy is in check once again."
BRICS nations represent >½ the world's population & 40% of its economic output, Lula noted…, warning of rising protectionism.
