Brazilian President Lula, who is on a state visit to Indonesia on October 23, local time, confirmed that he will participate in the presidential election in October 2026 and seek a fourth term.

Lula also said that multilateralism rather than unilateralism needs to be strengthened, and commercial * rather than protectionism. Brazil and Indonesia will discuss the possibility of using their currencies for trade settlement.

After concluding his visit to Indonesia, Lula will travel to Malaysia to attend the ASEAN Summit. (General reporter Feng Li)