Brazilian President Luiz Inacio Lula da Silva said, on Tuesday, that Brazil is lining up to raise the Ukraine-Russia peace settlement at the summit of the Group of Seven (G7) in Japan's Hiroshima next week.

"I am going to the G7 summit next week, and we will discuss the issue of the Amazon, energy, Ukraine ... I believe in building a mechanism that can bring the peace back," Lula tweeted.

Back in February, Lula da Silva said Russia must be provided with "minimum conditions" in order for the conflict in Ukraine to be settled. 

"Russia is not a small country... We need to create a narrative that gives Russians the minimum conditions to end the war... Let's end the war and then discuss at the negotiating table what we want," Lula told Christiane Amanpour of CNN.

The Brazilian leader further expressed his wish of engaging with both parties in discussing a truce, including the US, China, India, Indonesia, and other countries as he considers that the world can develop only via a condition of peace. 

Despite the massive campaign of Western sanctions against Moscow, Brazil, and Russia have been seeking to maintain current commercial, economic, and investment links, with a specific emphasis on Russian fertilizer exports.

It is worth noting that G7 leaders are scheduled to convene in Japan on May 19 for three days to discuss updates on Russia and the war in Ukraine, environmental investments, economic security, and the Indo-Pacific region.

The group already imposed draconian sanctions on Russia, so substantive new measures are not forecasted.

The global rapid developments have put renewed focus on economic security and the need to diversify supply chains.

Tokyo and Washington have warned about "economic coercion", and G7 ministers are expected to agree on measures to combat the issue.

The two-day meeting will also tackle international crises, most notably in Afghanistan and Myanmar.

Nuclear proliferation will also be up for dialogue ahead of the leaders' summit in Hiroshima this May.