Brazil's President Luiz Inácio Lula da Silva expressed a strong stance against the reliance on the US dollar during an interview with India Times. He emphasized that Brazil is ready to negotiate with its trade partners using their respective currencies, arguing that commercial agreements, such as those with India, do not necessarily have to be conducted in US dollars. Lula acknowledged the challenges of moving away from the dollar-dominated system but suggested that it is worth pursuing for the economic advantages it could bring to countries involved. Lula's comments reflect a growing sentiment among various nations to reduce their dependence on the dollar, particularly in light of geopolitical tensions and the desire for more economic independence. He noted that while the dollar remains the dominant global currency, countries should evaluate what benefits using their own currencies could offer and start contemplating a shift in their trading practices. The president's remarks come during his visit to New Delhi for the Intelligence Impact Summit, indicating Brazil's intention to bolster bilateral relations and explore alternative trade frameworks. This call for currency diversification could have significant implications for global trade dynamics, challenging the historical supremacy of the dollar and encouraging a broader discussion on monetary sovereignty among nations.