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You are here: Home / Archives for Argentina

Argentina

12 October 2023

President: South Africa derives worthy benefit from BRICS membership

Location: News

President: South Africa derives great benefit from BRICS membership

“Rest assured, BRICS is a great benefit to our country and it’s an association that we are very proud of and that we intend to continue with.”

These were the words of President Cyril Ramaphosa as he fielded questions in the National Council of Provinces (NCOP) on the benefits of South Africa being part of the BRICS group of countries.

The group is now known as the BRICS Plus group following the addition of six new member countries - namely Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the UAE.

“We, as a country, have benefitted a great deal [through] the association with other BRICS countries. China today is our largest trading partner and this has largely been cemented, upheld and encouraged by our membership of BRICS,” President Ramaphosa said on Thursday.

The President said South Africa continues to reap economic benefits from its association with the group, with talks during bilateral events going beyond political engagement.

“Indeed, many other BRICS members, who have now been admitted, are going to find that BRICS is an important forum that goes beyond just the political engagements at that level but also involves economic development, trade extension, technology extension and many other beneficial areas that advance humanity.

“[Just] the association in BRICS leads to a great deal of economic benefits for our country and we have seen such. Our trade with BRICS countries has grown in leaps and bounds, and many of the areas in which our trade has grown has been by virtue of being associated in BRICS. So there is a clear economic benefit there,” he said.

The President said the expansion of the BRICS group of countries, up from five members to 11, will give a “great boost, particularly to the Global South”.

He hinted at the possible further expansion of the group, which would give further credence to the group’s growing influence in global matters.

“We are, as it is now, going to consider membership applications from many other countries that want to be part of BRICS. So BRICS continues to grow. It continues to grow in importance, economically, politically, as well as [where] trade is concerned.

“BRICS is the great attraction that many countries now see for development and we want to keep BRICS as an important forum, as an important partnership that progresses countries that are associated with it or part of it,” he said.

Answering a question on the financial impact of South Africa’s hosting of the BRICS Summit in August, President Ramaphosa insisted that the economic benefits outweigh the costs.

“The summit that we held here was… a hugely successful summit and we are proud that the people of South Africa were part of it, embraced it and also enabled it to happen here on South African soil.

“The mere holding of a summit as large as the BRICS Summit – and this, by any measure, was the biggest BRICS Summit – brings together a huge number of people, many of whom come to South Africa either for the first time, and they come to spend their money here.

“One country alone, China, brought up to 600 people who, due to their presence here, needed beds to sleep in, needed food and transportation, etc,.. Many other countries brought a number of delegates just to come and attend.

“When you have an event like that, it inevitably leads to an economic benefit immediately because many of these people come with money from their own countries to spend here, so it increases the number of people who work,” President Ramaphosa said. – SAnews.gov.za

 

NeoB
Thu, 10/12/2023 - 15:17

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Read morePresident: South Africa derives worthy benefit from BRICS membership
29 September 2023

BRICS offers SA prospects to deepen relations

Location: News

BRICS offers SA prospects to deepen relations

The expansion of the BRICS not only gives weight to the bloc but also grants South Africa the opportunity to deepen ties with the countries that are expected to join the formation next year.

South Africa hosted the 15th BRICS Summit in Johannesburg last month where President Cyril Ramaphosa as chair of the bloc announced that Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates will join the BRICS.

 “It gives the bloc more weight politically [and] economically in an international space. Domestically, we can gain from ensuring that there’s deepened trade ties with these countries which would expand economic opportunities within South Africa itself and the other emerging markets you find in the BRICS bloc.

“It increases your momentum within the global stage itself,” assistant lecturer at the Department of Politics and International Relations at the University of Johannesburg, Ndzalama Mathebula told SAnews.

The six developing countries are set to become full members of the BRICS [Brazil, Russia, India, China and South Africa] bloc from January 2024.

Senior research associate at the think tank, Institute for Global Dialogue, Sanusha Naidu said there could be other developments leading up to the new year.                                                                   

“…when we come to January 2024, what will be some of the issues? Will countries automatically accept the invitation to become members of the expanded BRICS  or what will be some of the strategic orientation that will influence and the factors that will shape this?,” remarks Naidu.

Naidu adds that this poses “some serious questions, introspection and reflection around South Africa’s BRICS strategy going forward.”

She adds that South Africa now needs to be much more coherent about its strategy.

In his address to Members of Parliament earlier this month, President Ramaphosa said South Africa’s trade with the bloc has increased by an average of 10% every year over the period 2017 to 2021. According to the President, the country’s total trade with other BRICS nations stood at R830 billion in 2022 from R487 billion in 2017.

During the Questions for Oral Reply session held at the National Assembly, the President explained that BRICS is an important source of foreign direct investment in key areas such as mining, automotive, transportation, clean energy, financial services and information technology (IT).

New chapter

In his address to the nation post the summit, the President described the summit—which was attended by the five BRICS member countries and representatives of 61 other countries-- as a success that “heralded a new chapter” for the group.

Naidu said the expansion of the BRICS is very much part of the interest in Washington right now.

 “I don’t think it’s because [and] I say this with the most respect for the South African government and for South Africa. I don’t think it is because of South Africa that there’s interest in the BRICS. The interest in the BRICS right now is because the BRICS is expanding but it is not because of South Africa.”

The country on the southernmost tip of the African continent, was invited to join the bloc in 2010 and in 2011, South Africa attended its first summit of the group of leading emerging markets and developing countries.

Having been part of the bloc for over a decade, it was interesting to see other countries invited to join the bloc on African soil.

She notes that the first expansion of the BRICS that happened was with South Africa being invited to join the formation but that “didn’t get the attention” because the world at that time was not as “volatile, unpredictable and inflamed as it is now.”

The summit called for a comprehensive reform of the United Nations (UN) including the Security Council. Speaking at the summit, Secretary-General of the United Nations, António Guterres said the Security Council and the Bretton Woods system are two areas which require a ”particularly important reform effort.”

He said if reform fails, “we risk fragmentation, and fragmentation can be one day a factor of confrontation.”

Naidu agrees with the Secretary-General’s comments.

“If reform is not happening; it is fragmenting and you can see that happening in a very real way. I think the expansion of the BRICS actually brings about a regionalisation of the geopolitics of the international system and you see that with the countries that are being invited to expand [the group].

Naidu said that this time around, the reform of the UN Security Council was not just a broad statement.

“My view was that for the first time in a long time, I think since the BRICS inception [that] the issue of the UN Security Council reform wasn’t just a broad statement. It kind of referred to the developing world and especially India, Brazil and South Africa.

“I feel that was a bit of a broad win in a way that [gets] Russia and China to kind of not to explicitly endorse, but to implicitly support the membership of India, Brazil and South Africa into the Security Council … where I didn’t previously see them doing that.”

Mathebula said that 15-years ago when the BRICS was formed, it was not thought that the group would one day challenge the United States.

“We never thought that it would challenge US hegemony but what we are seeing right now, is that we have this challenge of the US hegemony using emerging economies like South Africa [with] these countries being central to the global stage and determining policies instead of inheriting it.

“So considering that Russia and China are permeant members of the UN, it is an important indication of the changing global order,” Mathebula said.

Meanwhile, Naidu said South Africa must align its foreign policy to the new chapter.

“Yes the President was right that it brings a new chapter, but is South Africa understanding what that new chapter is? Is it aligning its foreign policy to the new chapter? You’ve got to think about the alignment of your strategic interests in where you want to position yourself in global affairs.”

The African voice

While the African voice was heard at the gathering, Mathebula said the question was whether or not “Africa will take what it needs.”

“Will Africa use the bloc in the right way to ensure that there’s development within their domestic markets?” she asked.

This year’s summit was held under the theme: ‘BRICS and Africa: Partnership for mutually accelerated growth, sustainable development and inclusive multilateralism’.

Both analysts were of the view that South Africa did a good job in hosting the summit.

“Overall I think it was from a technical, transactional perspective, yes [South Africa] hosted the summit well. It showed that South Africa can host summits and has done so in the past and I think it will be difficult to nit-pick. The summit in itself did give some kind of transactional value to South Africa,” said Naidu.

Asked about what the country could have done better in hosting the summit, Mathebula said while a lot of people had something to say about the summit, there was also plenty of misinformation going around on platforms like TikTok.

“Not many people understood what it was about, the youth don’t know. [I] don’t know if its ignorance… the ignorance that you find in African states are [sic] actually the engineers of underdevelopment … I urge everyone to read on what [the] BRICS is,” said Mathebula. –SAnews.gov.za

 

Neo
Fri, 09/29/2023 - 14:31

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12 September 2023

The Official Imaging Supplier for Rugby World Cup France 2023

Location: Sport
Canon Central and North Africa (CCNA)

Today, Canon (Canon-CNA.com) begins its role as the Official Imaging Supplier of the Rugby World Cup 2023, which will be the third Rugby World Cup tournament it has sponsored. As the Official Imaging Supplier of Rugby World Cup 2023, Canon provides world-leading technology that ensures fans don't miss a moment of the action. Canon will be supplying a full range of support from its diverse businesses, including cameras, lenses, video camcorders and network cameras. As with many major sporting events, Canon Professional Services will be available, where its team members will be providing technical support to more than 800 press, 400+ photographers, 300+ TV crew personnel, 300+ agency staff and 70+ radio personnel. Support includes camera and lens maintenance services and product loans, ensuring they are equipped to capture every nail-biting moment.

AFP Partnership

In addition to its official imaging role, Canon is supporting several activities off the pitch that are designed to champion inclusivity across the sport. This includes an exciting partnership with the AFP, which will see one aspiring young photographer from each of the participating nations partnered with a staff photographer, equipped with a Canon camera.

Earlier this year, ahead of the tournament, each pair worked on an assignment together that illustrated their nation's relationship with the Rugby World Cup through photography. By allowing the next generation to show the world what the tournament means to their nation, we can celebrate the diversity of the sport and inspire a world of change.

Partnership with the Portuguese National Team

At the Rugby World Cup 2023, Canon will be giving members of the Portuguese national team PowerShot V10 (https://apo-opa.info/3VTs35H) cameras and will be featuring their stories on its website, enabling them to catalogue their tournament journey through their own lens.

Let's Celebrate our Differences

Rugby is a universal sport. It brings together women and men sharing key values of the sport such as solidarity, commitment, and respect, no matter where they come from and no matter who they are. These values have been celebrated in a unique international “Celebrating Our Differences” (https://www.LetsCelebrateOurDifferences.com/en/) photography competition, of which Canon is an official sponsor.

Once again, ahead of the tournament, the power was handed to fans across the world, to illustrate what the sport means to them. The winners of the challenge – from France, Argentina, Uganda, India, and Vietnam – were awarded prizes that included 16 Canon cameras: 12 Canon EOS R50s for the winners of each category and 4 EOS R8s for Canon's favourites. The photographs can be found on display on the gates of the UNESCO's headquarters in the seventh arrondissement of Paris until the 6th September, as well as during the tournament at the host cities of this year's Rugby World Cup.

See the winning images here (https://apo-opa.info/3Ewr6Zr).

“We're delighted to be the Official Imaging Supplier of the Rugby World Cup this year, following two great tournaments in England and Japan” says Peter Morris, Brand and Sponsorship Senior Manager, Canon EMEA. “We've also been thrilled to participate in the AFP partnership and the “Celebrate our Differences” photography competition, two initiatives that put the power of imaging in the hands of the diverse fans that help make this tournament such a special event. We hope that these moments, captured through the lens of our iconic imaging equipment, will help drive positive change.”

Rugby World Cup 2023

Host country: France

Tournament period: September 8 – October 28, 2023

Participating teams: 20 (South Africa, Namibia, England, Wales, New Zealand, Japan, France, Australia, Ireland, Scotland, Italy, Argentina, Fiji, Samoa, Uruguay, Georgia, Romania, Portugal, Tonga and Chile.

Distributed by APO Group on behalf of Canon Central and North Africa (CCNA).

Media enquiries, please contact:
Canon Central and North Africa
Mai Youssef
E-mail: Mai.youssef@canon-me.com

APO Group - PR Agency
Rania ElRafie
E-mail: Rania.ElRafie@apo-opa.com

About Canon Central and North Africa:
Canon Central and North Africa (CCNA) (Canon-CNA.com) is a division within Canon Middle East FZ LLC (CME), a subsidiary of Canon Europe. The formation of CCNA in 2016 was a strategic step that aimed to enhance Canon's business within the Africa region - by strengthening Canon's in-country presence and focus. CCNA also demonstrates Canon's commitment to operating closer to its customers and meeting their demands in the rapidly evolving African market.

Canon has been represented in the African continent for more than 15 years through distributors and partners that have successfully built a solid customer base in the region. CCNA ensures the provision of high quality, technologically advanced products that meet the requirements of Africa's rapidly evolving marketplace. With over 100 employees, CCNA manages sales and marketing activities across 44 countries in Africa.

Canon's corporate philosophy is Kyosei (https://apo-opa.info/3xeczh6) – ‘living and working together for the common good'. CCNA pursues sustainable business growth, focusing on reducing its own environmental impact and supporting customers to reduce theirs using Canon's products, solutions and services. At Canon, we are pioneers, constantly redefining the world of imaging for the greater good. Through our technology and our spirit of innovation, we push the bounds of what is possible – helping us to see our world in ways we never have before. We help bring creativity to life, one image at a time. Because when we can see our world, we can transform it for the better. For more information: Canon-CNA.com.

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Canon Central and North Africa (CCNA)
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10 September 2023

AU joins G20 as a permanent member

Location: News

AU joins G20 as a permanent member

President Cyril Ramaphosa has welcomed the admission of the African Union as a member of the Group of Twenty (G20).

“We are delighted that the G20 has accepted the African Union as a member of the G20,” the President said on Saturday.

G20 is the premier forum for international economic cooperation and it plays an important role in shaping and strengthening global architecture and governance on all major international economic issues. 

The group comprises of 19 countries (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom, and United States) and European Union.

The G20 members represent around 85% of the global GDP, over 75% of the global trade, and about two-thirds of the world population.

In his statement on the Working Session I: One Earth G20 Leaders’ Summit, which took place in New Delhi, India, President Ramaphosa called for countries to respond collectively, decisively and with urgency to climate change.

“No country is spared the effects of climate change. It is vital that industrialised countries, which have the means and which carry the greatest responsibility for climate change, support sustainable development in developing economies.

“For us to realise the vision of People, Planet and Prosperity, we need to meet our respective commitments and responsibilities. In so doing, we will be helping to create a world that is more equitable, more resilient and more sustainable,” the President said.

He said global reconstruction in the wake of the COVID-19 pandemic presents a unique opportunity to accelerate the transition to low-carbon, climate resilient, sustainable societies.

“Developing economies are bearing the brunt of climate change, despite carrying the least responsibility for this crisis. As African and other developing economy countries, we face the task of meeting our climate commitments in the midst of significant developmental challenges like poverty, inequality and unemployment.

“Climate change, environmental degradation, unsustainable consumption and production and resource scarcity are challenges that can only be addressed collectively and with a great deal of solidarity. South Africa calls for an enhanced and expanded Global Partnership for Sustainable Development,” the President said.

He said these efforts must be supported by the concrete policies and actions outlined in the Addis Ababa Action Agenda on Financing for Development.

“Access to adequate and predictable financial resources from a variety of public and private sources is critical if we are to achieve the Sustainable Development Goals.

“Development partners need to both meet their existing commitments and upscale Official Development Assistance. Ordinary people see billions of dollars being spent on the weapons of war instead of addressing development challenges.

“In particular, development partners need to meet their commitments to capacity building and infrastructure development in low- and middle-income countries,” the President said. – SAnews.gov.za

 

 

 

nosihle
Sun, 09/10/2023 - 09:34

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5 September 2023

SA benefits economically from BRICS grouping

Location: News

SA benefits economically from BRICS grouping

Outlining the economic benefits of South Africa's participation in the BRICS grouping, President Cyril Ramaphosa has informed Members of Parliament that South Africa’s trade with the bloc has increased by an average of 10% every year over the period 2017 to 2021.

“The total South African trade with other BRICS [Brazil, Russia, India, China and South Africa] countries reached R830 billion in 2022, which represents an increase of more than 70% from R487 billion in 2017,” the President said on Tuesday in Cape Town.

Participating in a Questions for Oral Reply session in the National Assembly, President Ramaphosa explained that BRICS is an important source of foreign direct investment in key areas such as mining, automotive, transportation, clean energy, financial services and information technology (IT).

These investments and projects lead to significant job creation.

“South Africa has experienced significant benefits through its membership as well as its association with the BRICS grouping of countries. South Africa uses its BRICS membership to improve investment, trade, tourism, as well as capacity building, and it also flows into skills acquisition and technological capabilities that we see this relationship yielding for our country.

“Strengthening economic as well as financial ties between BRICS member countries is one of the key pillars of this cooperation that we have forged with all these countries,” the President said.

In 2020, the countries adopted the Strategy for BRICS Economic Partnership to increase access to each other’s markets, promote mutual trade and investment, and create a business-friendly environment for investors in all BRICS countries.

“Furthermore, the BRICS Business Council and the BRICS Women’s Alliance bring together important commercial networks that promote trade and investment partnerships among BRICS countries. In 2015, BRICS countries launched the New Development Bank to finance and largely support infrastructure and sustainable development projects,” President Ramaphosa said.

To date, the New Development Bank has provided funding to 12 projects in South Africa to the value of over R100 billion.

“Our membership of BRICS makes a valuable contribution to the implementation of our Economic Reconstruction and Recovery Plan. For example, growing the tourism industry is one of the priorities of the Plan. The BRICS countries are becoming increasingly important tourism markets for South Africa.

“In terms of supporting energy security in South Africa, another pillar of our recovery plan, BRICS countries have the expertise and technologies to support energy cooperation. In 2020, BRICS adopted a Road Map for BRICS Energy Cooperation up to 2025 aimed at building a strategic partnership in energy cooperation,” the President said.

On infrastructure investment, which is another pillar of the recovery plan, South Africa will continue to access funding from the New Development Bank for energy, transport and water.

“The inclusion of Argentina, Ethiopia, Egypt, Iran, Saudi Arabia and the United Arab Emirates as new members of the group will strengthen beneficial cooperation with South Africa in political, economic and financial matters.

“These countries will enhance economic partnership in key sectors such as oil and energy, telecommunication and information technology, agriculture, textile, logistics, air transportation and tourism and medicine,” the President said.

Last month’s three-day BRICS Summit wrapped up with several successful outcomes, including the expansion of the six aforementioned countries to become full members of BRICS effective from January 2024.

South Africa hosted the 15th BRICS Summit from 22-24 August in Johannesburg. This year’s summit took place under the theme, ‘BRICS and Africa: Partnership for mutually accelerated growth, sustainable development and inclusive multilateralism’.

The President said South Africa expects that its trade links and investments participation with all the additional countries will increase.

This addition is also expected to contribute to the growth of the country’s tourism industry.

“In economic terms, all these new additional countries are big players and on the horizon are a number of other countries that have indicated their willingness to be part of BRICS and they too will be considered in the next phase.

“We will obviously look at the economic value in terms of participation for all of us as BRICS members. These additional countries will be boosting our Economic Recovery and Reconstruction Plan and we expect great benefits from all this.

“The benefits for our countries has been very clear right from the beginning. It has led to enhanced activity amongst ourselves and all these countries. Being a BRICS member does contribute a great deal to economic growth as well,” the President said. – SAnews.gov.za

nosihle
Tue, 09/05/2023 - 15:18

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3 September 2023

15th BRICS Summit heralds current chapter for the group

Location: News

15th BRICS Summit heralds new chapter for the group

The 15th BRICS Summit held at the Sandton Convention Centre during August was a success that 'heralded a new chapter' for the group.

This is according to President Cyril Ramaphosa who addressed the nation on Sunday evening.

“It was a historic Summit that heralded a new chapter for BRICS.

“The summit was attended by the five BRICS member countries along with representatives of 61 other countries. Forty-six of the countries that attended were from our continent, Africa. This included 20 Heads of State and Government. We were also honoured by the attendance of the United Nations Secretary-General Mr Antonio Guterres.

“The success of the summit is a credit to our country and its people. It is another demonstration of our ability to host major international gatherings that have a significant impact on the conduct of international affairs far beyond our borders. Overall, many people have said that this was a most successful BRICS Summit,” he said.

The President honed in on key decisions and outcomes that were taken during the summit, including the call for a comprehensive reform of the United Nations, including its Security Council.

“This was a most significant decision in view of the fact that it was supported by two BRICS members who are permanent members of the UN Security Council. The reform of the United Nations is important for South Africa and our continent Africa because we stand to benefit from a world that is more fair and from international institutions that are more democratic and more representative.

“In taking this position, the BRICS leaders recognised the desire of many other countries to contribute to redefining the terms of international relations,” he said.

On the second key outcome of the summit – which was to expand BRICS membership invitations to Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates – President Ramaphosa said: “Through an expanded BRICS, we will be able to better align the voices of those countries that seek a fairer global governance, financial, investment and trading system based on clear rules that apply equally to all countries.

“An expanded BRICS also means that we will be able to export more of our products to major markets and, as a result, we will be able to produce more and create more jobs. While an expanded BRICS will be an important champion for the Global South, South Africa stands to benefit from its relationship with these countries.”

International relations

President Cyril Ramaphosa also used his address to reaffirm South Africa’s non-aligned stance in international relations.

“South Africa’s participation in BRICS and its support for the expansion of BRICS does not detract from the good and strategic relations we have with many other countries around the world.

“From the advent of our democracy, we have always sought to develop ties of friendship, cooperation and respect with all nations. We have never aligned ourselves with any one global power or bloc of countries. Our non-aligned approach has enabled us to pursue an independent foreign policy and to forge our own developmental path.

“We have consistently advanced the articles of the United Nations Charter, including the principle that all members shall settle their international disputes by peaceful means,” he said.

The President emphasised the importance of South Africa’s relations with our other countries and reflected on its impact on ordinary South Africans.

“[Our] country’s relations with other countries and the conduct of our foreign policy affects our lives as South Africans in many ways, such as in trade and investment, sport, peace and security, technology, education, and many other areas. As we have said before, our international work cannot be separated from our efforts to end poverty, to create jobs and to reduce inequality in South Africa.

“Through stronger investment and trade relations with other countries, we are able to grow our economy, create more opportunities for new businesses and reduce unemployment. By supporting peace and stability on our continent, and by promoting Africa’s development, we are able to improve social cohesion in our own country.

“By encouraging greater cooperation between countries in areas such as investment, financing for development, international crime, fighting terrorism, climate change and vaccine production, we are able to strengthen our efforts to tackle these challenges in our own country,” President Ramaphosa said. – SAnews.gov.za

NeoB
Sun, 09/03/2023 - 21:33

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25 August 2023

Xi says BRICS expansion historic, recent starting point for cooperation

Location: News

The State Council Information Office: The People's Republic of China
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Chinese President Xi Jinping said Thursday that the BRICS expansion is historic and a new starting point for BRICS cooperation.

Xi made the remarks at a press conference during the 15th BRICS Summit after South African President Cyril Ramaphosa announced that six countries, namely Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates, were invited to become new BRICS members.

China offers its congratulations to these countries, and expresses its high appreciation for the efforts made by South Africa, the chair of BRICS, and President Ramaphosa, Xi said.

The expansion reflects the resolution of the BRICS countries to unite and cooperate with other developing countries, meets the expectations of the international community, and serves the common interests of emerging markets and developing countries, Xi stressed.

He added that the expansion will also inject fresh vitality into the BRICS cooperation mechanism, and further strengthen the forces for world peace and development.

The BRICS countries all hold important influence and shoulder crucial responsibilities for world peace and development, Xi noted.

During this summit, in-depth discussions were held on the current international situation and BRICS cooperation, among others. Broad consensus was reached, a declaration issued, and fruitful results achieved, he said.

Xi said he believes that as long as the BRICS countries pull together, a lot can be achieved in BRICS cooperation, and a promising future awaits the BRICS countries.

The Chinese president also called on BRICS members to work together to write a new chapter of solidarity and cooperation among emerging markets and developing countries for development.

The press conference was hosted by Ramaphosa, and also attended by Brazilian President Luiz Inacio Lula da Silva and Indian Prime Minister Narendra Modi. Russian President Vladimir Putin participated online. 

Distributed by APO Group on behalf of The State Council Information Office: The People's Republic of China.

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24 August 2023

Egypt appreciative of BRICS membership

Location: News

Egypt appreciative of BRICS membership

Egypt, the new kid in the Brazil, Russia, India, China and South Africa (BRICS) family has expressed appreciation in becoming a member of the family.

The 15th BRICS Summit held at the Sandton Convention Centre in South Africa under the leadership of President Cyril Ramaphosa announced six new members of the BRICS bloc this morning.

In his remarks, Egypt Prime Minister Dr HE Mostafa Madbouly told delegates that his country will cooperate with the BRICS requirements.

“We welcome the step to be part of the BRICS family. We look forward to contributing to practical solutions,” Madbouly said on Thursday.

Madbouly said they are also looking forward to contributing positively in the areas such as food prices and developing agriculture.

“We look forward to participating positively and enhancing the role of the [New] Development Bank and supporting energy efficiency initiatives,” Madbouly said.

He said Egypt is also willing to support peaceful resolutions in the continent.

The other new members are Argentina, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates and are to become full members of BRICS with effect from 1 January 2024.

Egypt submitted in June 2023 a formal application to join the group following the ratification by the Egyptian leader Fattah al-Sisi of the country’s membership in BRICS’s New Development Bank (NDB).

Russia backed Egypt’s membership application to join the BRICS.

South Africa, as Chair of BRICS, hosted the XV BRICS Summit under the theme: BRICS and Africa: Partnership for Mutually Accelerated Growth, Sustainable Development, and Inclusive Multilateralism.

In his remarks this morning, President Cyril Ramaphosa said as the BRICS family they value the interest of other countries in building a partnership with BRICS.

He said the admission of new members to the BRICS family is the first phase of the group’s expansion process.

“We have tasked our Foreign Ministers to further develop the BRICS partner country model and a list of prospective partner countries and report by the next Summit,” President Ramaphosa said.

South Africa’s participation in BRICS is premised on its national interests in line with the National Development Plan and the Medium-Term Strategic Framework (MTSF) 2019 – 2024 Priority 7.

During the summit which concludes today, BRICS leaders engaged with business during the BRICS Business Forum and engaged with the NDB, BRICS Business Council and other mechanisms during the Summit.

The BRICS partnership has grown in scope and depth with BRICS members exploring practical cooperation in a spirit of openness and solidarity to find mutual interests and common values. – SAnews.gov.za

 

Edwin
Thu, 08/24/2023 - 18:17

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24 August 2023

Expanded BRICS expected to acquire a firmer say on international agenda

Location: News

Expanded BRICS expected to have a firmer say on international agenda

With its large footprint in combined population size and  strong world Gross Domestic Product, the BRICS group of countries is expected to shape the international agenda in the coming years.

This assertion was made by the United Arab Emirates’ [UAE] His Highness (HH) Sheik Saud bin Saqr Mohammed Al Qasimi Member of the Federal Supreme Council of the United Arab Emirates, Ruler of Ras Al Khaimah.

He was speaking during the BRICS-Africa Outreach and BRICS Plus Dialogue held in Sandton on Thursday.

“The BRICS community, which represents a quarter of the world economy and home to half the population of the world, is prepared to play a pivotal role in shaping the international agenda and setting the international agenda in the coming years.

“We would like to take the opportunity to communicate with other groups and peoples within this group and outside this group in order to achieve prosperity at large, a space that includes all the people of this world,” the royal said.

Fresh off an official invitation to join the BRICS group, the leader expressed the UAE’s commitment to the vision of the group.

“We appreciate the position of the BRICS members to include the UAE into this group. In the recent years, the UAE has continued its surge to obtain membership in international organisations while committed to enhancing dialogue.

“Our approach is to follow cooperation in order to find solutions to the problems facing our world such as climate change, poverty, healthcare, education for the most vulnerable segments of our society,” he said.

The expansion of the group to now include the UAE, Argentina, Egypt, Ethiopia, Iran and Saudi Arabia greatly enhances its economic footprint as it now boasts six of the world’s top oil producers.

However, the royal said it will bring more than powerful oil connections to the table.

“It is most important to emphasise that the [UAE] is considered one of the [biggest] investment partners to the members of the BRICS group as the non-oil trade has reached 750 billion dollars and investment 38 billion dollars between the years 2018 and 2023.

“It is worth mentioning that the UAE is the second country that is not a founder to join the New Development Bank in 2020. This emphasises our very early understanding of the role that BRICS can play in enhancing international development and economic growth for all,” he said. – SAnews.gov.za

 

NeoB
Thu, 08/24/2023 - 18:42

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Read moreExpanded BRICS expected to acquire a firmer say on international agenda
24 August 2023

BRICS Heads of State welcome ‘historic’ bloc expansion

Location: News

BRICS Heads of State welcome 'historic' bloc expansion

The Heads of State of Brazil, Russia, India, China and South Africa (BRICS) have welcomed the historic expansion of the bloc to include six new developing countries. 

President Cyril Ramaphosa announced on Thursday that Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates will join BRICS as of the start of 2024. 

This is after over 20 countries formally applied to join BRICS and several others have expressed an interest in becoming part of the bloc. 

“As the five BRICS countries, we have reached an agreement on the guiding principles, standards, criteria and procedures of the BRICS expansion process, which has been under discussion for quite a while. We have consensus on the first phase of this expansion process, and further phases will follow,” President Ramaphosa, who is also Chair of BRICS, announced. 

The BRICS Summit is underway at the Sandton Convention Centre led by bloc leaders of emerging economies – Brazil, Russia, India, China and South Africa. 

The Heads of State took to the podium on Thursday to talk about the outcomes of the 15th BRICS Summit held in Sandton, Johannesburg, this week and welcomed the new members.  

India Prime Minister Narendra Modi said he was pleased that the summit had many positive outcomes. 

“On the 15th anniversary of BRICS, we have taken an important decision to expand it,” he said, adding that India has always supported the expansion of the bloc’s membership. 

India, the Prime Minister said, has always been of the view that the addition of new members will further strengthen the organisation and will bring a new stimulus. 

“This will also strengthen the belief of many countries of the world in a multi-polar world order.” 

He expressed his satisfaction that the team agreed on the guiding principles, standards, criteria and procedure of the expansion. 

Prime Minister Modi has since conveyed his heartfelt congratulations to the leaders and people of the six new nations. 

“I am confident that together with these countries, we will be able to infuse new momentum and energy into our cooperation. 

“India has had very deep and historic relations with all of these countries, with the help of BRICS, new dimensions will be added to our bilateral cooperation.” 

He also had a message to the countries who have also expressed interest and said India will contribute towards building a consensus for them to be a part of BRICS countries. 

“The expansion and modernisation of BRICS is a message that all institutions in the world need to hold themselves according to changing times. 

“This can be an example for reforms and other global institutions that were established in the 20th century,” he stressed.  

Meanwhile, Chinese President Xi Jinping described the BRICS countries as nations with influence and shoulder important responsibility for world peace and development. 

“During the summit, we’ve reached broad consensus, adopted a declaration and achieved fruitful outcomes.” 

He said the Heads of State have unanimously agreed to invite the other countries as official members. 

“China congratulates these states and highly appreciates the efforts made by our chair South Africa and President Ramaphosa.”

He described the expansion as historic and said it shows the determination of BRICS countries for unity and cooperation with the broader developing countries.

“The expansion is also a new starting point for BRICS cooperation.” 

President Xi believes it will also bring new vigour to the BRICS cooperation mechanism and further strengthen the force for world peace and development. 

“I’m confident that as long as we work with a common purpose there’s a lot that BRICS cooperation can achieve and the future will be bright for BRICS countries.” 

“Let’s work together to write a new chapter of emerging market countries and developing countries working together in unity for development.” 

Brazil’s President Luiz Inácio Lula da Silva also welcomed the new members.

Da Silva noted the BRICS’ Gross Domestic Product (GDP) will now shoot up to 37% of the world’s GDP in terms of purchasing power and 47% of the global population. 

“BRICS will continue to be open to new members,” he added. 

Russian President Vladimir Putin also welcomed the new members.  

“Let me assure all the colleagues that we will keep up with the work we have launched to expand BRICS influence in the world.” 

He said the BRICS Heads of State will proceed with the smooth work they have done and look at ways to best coordinate the expansion. – SAnews.gov.za

Gabisile
Thu, 08/24/2023 - 11:57

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Read moreBRICS Heads of State welcome ‘historic’ bloc expansion
1 August 2023

Mbonambi to Captain Boks and Steenekamp on debut

Location: Sport

Springbok hooker Bongi Mbonambi will captain the national team for first time on Saturday when he leads a new-look combination against Argentina in Buenos Aires in the first of three Rugby World Cup warm-up games. The team shows 13 changes to the starting line-up, while the 23 includes talented prop Gerhard Steenekamp, who could make …

Read moreMbonambi to Captain Boks and Steenekamp on debut
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