Jakarta, Oct. 23 -- Brazilian President Luiz Inacio Lula da Silva underscored the world's enduring debt of gratitude to Indonesia for initiating the historic Bandung Conference-also known as the Asian-African Conference-70 years ago.

In a joint press statement following his meeting with President Prabowo Subianto at the Merdeka Palace on Thursday, Lula highlighted the significance of the 1955 conference, which brought together 29 newly independent Asian and African nations and laid the groundwork for cooperation among developing countries.

"The developing world owes a historical debt to Indonesia. Seventy years ago, the Asian-African Conference in Bandung laid the foundation for the solidarity movement among nations of the Global South,...