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You are here: Home / Archives for BRICS

BRICS

28 August 2023

Health dialogue on margins of BRICS Summit

Location: News

Republic of South Africa: Department of Health
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On 28 August 2023, the Ministry of Health in South Africa, the Africa Centre for Disease Control and Prevention (Africa CDC), Africa Health Business and the South African Chapter of the BRICS Business Council co-hosted a successful dialogue on the margins of the BRICS summit to deliberate on a potential African Union and BRICS framework of cooperation for Pandemic, Preparedness, Prevention, Response and Recovery (3P2R).

The meeting brought together BRICS member states- including a fortuitous presence of the newly invited members, Ethiopia and Egypt- business, civil society, development finance Institutions, global health agencies and AU specialised agencies (AUDA-NEPAD, AfCFTA, ARC Group).

The dialogue sought to elicit a collaborative framework for AU and BRICS 3P2R that is actionable and implementable by tabling concrete suggestions, drawing from the AU and BRICS collective experiences of dealing with COVID-19 and other pandemics, identifying the existing capabilities and acknowledging the gaps that would need to be closed for adequate pandemic preparation and response.

Stakeholders acknowledged that many fora are dealing with global and regional pandemic prevention, preparedness, response and recovery (PPPR), including the Intergovernmental Negotiating Body for the Global Pandemic Accord. 

However, they highlighted the reality of the shifting centers of global power, pointing out that the expanded BRICS family now represents 4,8 billion people, which is over half of the global population. Increasing human and animal interconnectedness, climate change and an increasing frequency of infectious disease outbreaks mean that the AU and BRICS' ability to contain infectious diseases has a fundamental bearing on global health security.

The realisation of this growing responsibility compelled AU and BRICS stakeholders to convene and begin a process towards a declared collaborative framework.

In the interest of pursuing equitable and timeous access to medical countermeasures in the event of the next pandemic, participants acknowledged the merits of the “Johannesburg Process” in providing an informal platform for stakeholder engagements on an interim medical countermeasures' coordination mechanism. 

The “Johannesburg Process” was seen as an effective complementary tool contributing to the work of the World Health Organization and other formal processes.

Participants were further encouraged by the collective capabilities identified in medical and digital technologies, human resource potential (particularly in Africa), and pharmaceutical manufacturing. For instance, it was observed that the Developing Countries Vaccine Manufacturing Network (DCVMN), which is comprised of manufacturers from BRICS member states, contributed to 60% of the COVID-19 vaccine products. The meeting considered the merits of opening-up the entire expanded BRICS and AU market to all pharmaceutical manufacturers in the BRICS and AU regions.

Dr Stavros Nicolaou, member of the BRICS Business Council stated, "The COVID-19 pandemic exposed significant and vast global health inequities, particularly on the African continent and unnecessary lives and livelihoods were lost, with African post pandemic economic recovery still proving to be challenging. Collaborative efforts across the African and BRICS geographies can enhance surveillance, research, infrastructure and resource allocation to ensure a swift and coordinated response to future pandemics underpinned by a resilient African pandemic prevention, preparedness and recovery system."

Stakeholders also acknowledged that the inequities that persist in many low- and middle-income countries, fragile health systems and inadequate financing for 3P2R for the AU and BRICS families were a threat to pandemic preparedness and overall global health security. More work must be done to diversify manufacturing, support Africa's manufacturing targets, ensure primary health care is fully developed as a foundation for pandemic preparedness, and to support last-mile delivery. The convening emphasised the importance of placing people and communities at the heart of all 3P2R deliberations.

Some concrete actions that were tabled were the necessity of predictable 3P2R financing by establishing a BRICS PPPR fund through the New Development Bank (commonly referred to as BRICS Bank) and the need to convene at the Conference on Public Health in Africa (CPHIA 2023) to agree on an AU and BRICS cooperative framework, inviting the newly announced additional members of BRICS and all the AU member states to deliberate on a proposed collaborative framework.

“Emerging in the wake of a recent global pandemic, this dialogue arrives at a pivotal juncture. It underscores a collective need to fortify health security and adaptability, extending beyond respective national boundaries,” said Dr. Jean Kaseya, Director General of Africa CDC.

Minister of Health, Dr Joe Phaahla said, “as BRICS Member States, we need to solidify our efforts to promote digital health technologies across our health systems to strengthen sharing of information that may be useful for PPPR. At country level, there is a commitment to develop and implement legislative measures for PPPR. I am glad that BRICS member states have reaffirmed and committed to implement global, regional, and national actions to strengthen pandemic prevention, preparedness and response, and fully address the direct and indirect consequences of current and future pandemics.”

Distributed by APO Group on behalf of Republic of South Africa: Department of Health.

Read moreHealth dialogue on margins of BRICS Summit
27 August 2023

Agreements to aid energy solutions

Location: News

Agreements to aid energy solutions

Minister in the Presidency for Electricity, Dr Kgosientsho Ramokgopa has emphasised that the agreements signed in the past week with Chinese state owned entities and the donation by the People's Republic of China are to address this country’s emergency energy solutions.

South Africa concluded a significant amount of agreements with Chinese state owned entities (SOEs) with the signing of two overarching memoranda that were witnessed by President Cyril Ramaphosa and President Xi Jinping.

South Africa hosted the 15th BRICS Summit last week and the country also hosted President Xi on his fourth State Visit to South Africa ahead of the Summit.

Addressing the media on the Energy Action Plan on Sunday, Ramokgopa explained that the two agreements include amongst others, addressing issues of green energy solutions, exploitations of renewable energy sources and the use of modern technology. 

“The two agreements – the first one addresses issues around green energy solutions- the partnership agreement we will be entering in relation to the exploitation of renewable energy sources in our country; the use of modern technology and the degree to which we are able to connect renewable energy onto the grid. 

“The rationale for entering with the Chinese in this regard is because they are a dominant player on the renewable energy space. They have 688 gigawatts of installed capacity of renewables, a combination of PV and wind. They have done one of the biggest expansions of transmission and they have also worked on the kind of transmission modernisation required to be able to accommodate the intermittency of renewable sources,” the Minister said. 

In regards to the donation by the People's Republic of China, the Minister said this is aimed at addressing South Africa’s emergency energy solutions, which is targeted at key public facilities such as police stations, health institutions and correctional centres.

Minister Ramokgopa emphasised that provincial departments will play a role in identifying the key public areas. 

“The second one, was an exchange of letters in relation to a donation that we are receiving from the People’s Republic of China that is meant to help us in addressing the emergency energy solution in the country. 

“I did indicate that it’s likely going to be targeted in key public facilities such as hospitals, clinics, correctional services, and police stations. In this regard, we will be working with the nine provincial governments for them to be able to identify sites that are suitable for this. 

“We already have a technical capacity that is supporting us in relation to the appropriateness of the technology solutions that are given to us and those that have been agreed upfront,” he said. 

Ramokgopa further announced that the first shipment of the technology solutions by China is en route and an announcement will be made when it arrives in the country, having left Chinese shores on 14 August. 

“We will announce at the right time when the first shipment lands and give an indication of the first public facilities that will benefit from this generous donation.”

Turning to the performance of the system for the past week, the Minister said that the available capacity has come down.

 
“I did indicate that we are beginning to normalise being above 28 000 megawatts on average. We have kept close to that most of the week and the average is about 27 561 megawatts,” he said. 

“We did indicate that we were going to slow down planned outages and once we get out of a very difficult winter we are going to ramp up because we need to protect these machines, generation and units to ensure their sustainability and reliability going into the future.

“We still remain above 15 000 megawatts in relation to unplanned capacity lost factor. I made a point that we want to bring it down,” the Minister said.

Load shedding

On load shedding, Ramokgopa said government was confident the system was stabilising and the country will continue to have lower stages of load shedding as the system recovers.

“On the issue of performance, we are more that satisfied. We have shown where we moved from a historic low of 48% of energy availability factor. We have been averaging 60% energy availability factor.

“When we went to the winter period, the worst case scenario was Stage 8. We only had 30 hours of Stage 6. You can see the intensity of load shedding is coming down. The issues of outage slips, I have shown to you, they have come down from a high of 3 300 megawatts to 766 megawatts,” the Minister said.  – SAnews.gov.za

 

DikelediM
Sun, 08/27/2023 - 13:07

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Read moreAgreements to aid energy solutions
26 August 2023

President Isaias Afwerki returns home

Location: News

Ministry of Information, Eritrea
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President Isaias Afwerki returned home concluding his visit to the Republic of South Africa to attend the BRICS-Africa Outreach and BRICS Plus Dialogues on the invitation of President Cyril Ramaphosa of the Republic of South Africa which was held on 24 August in Johannesburg.

At the summit in which leaders of 65 countries and heads of regional and global organizations took part, President Isaias addressed the summit focusing Eritrea's stance on the flaws and deficits of the prevailing global governance architecture and attempts to impose uni-polarity in its sequel in the past thirty years whose defining features are dysfunctional.

On the sideline of the summit, President Isaias met with President Cyril Ramaphosa of the Republic of South Africa, Mr. Sergie Aleinik, Minister of Foreign Affairs of Belarus, President Salva Kiir Mayardit of the Republic of South Africa, Mr. Saleh Kebzabo, Prime Minister of Chad, and Mr. Yvan Gil, Minister of Foreign Affairs of Venezuela and discussed on the development of bilateral ties and on issues of common interest.

Mr. Osman Saleh, Minister of Foreign Affairs, and Mr. Saleh Omar, Eritrea's Ambassador to South Africa attended the meetings.

Distributed by APO Group on behalf of Ministry of Information, Eritrea.

Read morePresident Isaias Afwerki returns home
26 August 2023

Iran deputy Foreign Minister, BRICS Recent Development Bank (NDB) chief hold consultations in South Africa

Location: News

Ministry of Foreign Affairs - Islamic Republic of Iran
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Mahdi Safari Iranian Deputy Foreign Minister for Economic Diplomacy and Ms. Dilma Rousseff President of the New Development Bank (a multilateral development bank established by the BRICS states) met on the sideline of the BRICS summit in South Africa.

Mahdi Safari Iranian Deputy Foreign Minister for Economic Diplomacy and Ms. Dilma Rousseff President of the New Development Bank (a multilateral development bank established by the BRICS states) met on the sideline of the BRICS summit in South Africa.

In the meeting, the two sides discussed the process of Iran joining the bank.

During the talks, the Iranian official said talks got underway in 2017 on Iran joining the New Development Bank (NDB), calling for the negotiations to gather pace.

Rousseff, in turn, congratulated Iran on its membership in BRICS, welcoming Iran's joining the NDB.

She said the presence of Iran will boost the power and international status of the bank.

In the meeting, the two sides designated their representatives to follow up on Iran's NDB membership bid.

Safari also invited Rousseff to visit Iran. Accordingly, the NDB president announced her readiness to travel to Iran in the near future.

It is noteworthy that the NDB was established in 2015 by five member states of BRICS, namely Brazil, Russia, India, China and South Africa with a capital of $100 billion.

The United Arab Emirates, Egypt and Bangladesh later joined the bank.

Uruguay has also completed talks on its joining the bank.

Former Brazilian President Dilma Rousseff heads the bank, which is headquartered in the Chinese city of Shanghai.

Distributed by APO Group on behalf of Ministry of Foreign Affairs - Islamic Republic of Iran.

Read moreIran deputy Foreign Minister, BRICS Recent Development Bank (NDB) chief hold consultations in South Africa
25 August 2023

Eritrean President Isaias meets with South African President

Location: News

Ministry of Information, Eritrea
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President Isaias Afwerki in the morning hours of today met with President Cyril Ramaphosa of the Republic of South Africa in Johannesburg.

President Isaias Afwerki and President Cyril Ramaphosa discussed bilateral ties and international and regional issues of mutual interest. The two leaders also exchanged views on imperative of coordination between the African Union and BRICS to advance lofty objectives of inclusive growth.

President Isaias also held meetings with President Salva Kiir Mayardit of the Republic of South Africa, Mr. Saleh Kebzabo, Prime Minister of Chad, and Mr. Yvan Gil, Minister of Foreign Affairs of Venezuela.

The meetings with President Salva Kirr and Prime Minister Saleh Kebzabo were centered on stepping up efforts by Sudan's neighbors to put an end to the crisis in Sudan.

The discussion with Foreign Minister Yvan Gil was centered on advancing integrated global cooperation and improving political and economic ties between Eritrea and Venezuela.

President Isaias Afwreki and his delegation also visited, later in the day, the Hydraform Technological Plant, in the environs of Johannesburg that specializes in housing construction materials.

Distributed by APO Group on behalf of Ministry of Information, Eritrea.

Read moreEritrean President Isaias meets with South African President
25 August 2023

DPE, China Development Bank sign agreement

Location: News

DPE, China Development Bank sign agreement

The Department of Public Enterprises has entered into a Collaboration Framework Agreement with the China Development Bank (CBD) which the department says will enhance the sustainability of State Owned Companies (SOCs).

The CBD already has funding agreements with Eskom and Transnet for locomotives and the building of power stations, Medupi and Kusile.

“We are laying the foundation for a more sustainable path to ensure that our developmental goals as a country stay on track. This agreement is also a sign of our commitment as government to create an enabling environment for our SOCs. They are a critical lever to drive service delivery and economic opportunity to improve the lives of millions of South Africans,” DPE Minister Pravin Gordhan said.

He added that the agreement will open new paths for SOCs.

“This agreement is a culmination of the discussions and engagements that we conducted with the CDB during our visit to Beijing in May this year. The DPE is confident that this agreement will allow us to better position our SOCs for future growth as we leverage the exchange of expertise, technical skills and other strategic catalysts that this collaboration framework agreement makes possible,” Gordhan added.

The agreement was signed on the side lines of the 15th BRICS Summit held in Johannesburg and is one of the key initiatives to deepen China-South Africa relations following Chinese President Xi Jinping’s Official State Visit to Pretoria on Tuesday.

CBD Vice Chairman and President, Tan Jiong, said: “We view this agreement as one more step in our efforts to enhance cooperation across a range of key strategic sectors to enable further development that is underpinned by a strong relationship between our two countries".

“The CDB already has a close relationship with Transnet and Eskom, but now we also have the opportunity to work with the DPE in other areas of mutual interest, including mining and forestry”. – SAnews.gov.za

NeoB
Fri, 08/25/2023 - 09:06

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Read moreDPE, China Development Bank sign agreement
25 August 2023

BRICS nations urged to build structures to prepare for future pandemics

Location: News

BRICS nations urged to build structures to prepare for future pandemics

BRICS (Brazil, Russia, India, China and South Africa) member states have been urged to solidify efforts to promote the use of digital health technologies to strengthen sharing of information that may be useful for pandemic preparedness, prevention and response (PPPR) between the nations. 

“At a country level, there is a commitment to develop and implement legislative measures for PPPR,” said Health Minister, Dr Joe Phaahla. 

“This is borne out of the devastating experience the world went through with the outbreak of COVID-19.”

Phaahla was speaking on Thursday at the BRICS Business Council SA Chapter on PPPR for Health Security: Closing the Gap in Preparation for Future Pandemics in Sandton, Johannesburg. 

The three-day BRICS Summit led by bloc leaders of emerging economies – Brazil, Russia, India, China and South Africa – wrapped up on Thursday. 

The Minister told the delegates that the COVID-19 outbreak caught the world off guard in terms of preparedness, causing major economic shock. 

“The experience during the COVID-19 pandemic highlighted weaknesses in health systems while at the same time taught us that international collaboration and partnerships offered important benefits for all of humankind and ensured that ‘no one is left behind’. 

“Any health emergency is not to be over until we ensure that everyone is safe, so it is imperative that we are fully prepared to prevent and rapidly respond to any future global pandemic.”

He acknowledged that South Africa, like many low- and middle-income countries, faces inadequate expertise and capacity in epidemiology and surveillance, health economics, governance and community participation in times of health emergencies. 

“That is why WHO [World Health Organisation] supported us with a big team of field epidemiologists and surveillance specialists to enhance our capacity for early detection, tracing and management of cases.”

Meanwhile, he said significant work on the PPPR in South Africa has received attention from the highest office seeking to close the gap and to ensure that the country is fully prepared for any future pandemics.

In addition, South Africa in collaboration with the WHO embarked on the process of strengthening the Integrated Disease Surveillance and Response System (IDSR). 

This move aims to establish a national integrated surveillance system with capacities for forecasting and early detection to reduce morbidity, mortality, disability, and socioeconomic losses due to epidemics, pandemics, and other public health emergencies. 

As part of the recently agreed 15th BRICS 2023 declaration, he said members are ready to institute the BRICS Integrated Early Warning Systems to prevent infectious disease. 

“This is aimed at providing early warnings and effective response measures to prevent any possible local and cross-border spread of infectious diseases and minimise the occurrence of pandemics. 

“This was a principled decision of supporting the country’s existing systems while enhancing a collaborating platform to facilitate sharing of necessary information.”

This includes establishing Public Health Emergency Operation Centres to form part of the Network of BRICS Public Health Emergency Operations Centres (EOCs). 

“These will be platforms for supporting BRICS countries in building their public health EOC capacity,” Phaahla explained. 

It will entail communication, information management, mobilisation, coordination, and collaboration with other partners as part of their national emergency response framework. 

On the other hand, the Minister said leaders should continue to support the BRICS Virtual Vaccine Research and Development (R&D) Centre.

“We must recognise the excellent scientific potential existing in our countries and we should utilise it to contribute to the advancement of medical science, improve public health, and foster scientific cooperation among BRICS nations.”

He also stressed the importance of manufacturing, information, and resource sharing among BRICS nations in preparation for any future pandemics. 

“South Africa is in support and in the process of strengthening the guaranteed availability of essential supplies and pharmaceuticals based on its risk profile.”

He said the importance of the pharmaceutical industry was amplified during the global health crises. 

“With the ongoing development of local manufacturing capacity and capabilities, local pharmaceutical companies are set to play a pivotal role in the production and supply of affordable medicines for the domestic market and the rest of Africa.” – SAnews.gov.za

 

Gabisile
Fri, 08/25/2023 - 09:45

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Read moreBRICS nations urged to build structures to prepare for future pandemics
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.

Read moreXi says BRICS expansion historic, recent starting point for cooperation
25 August 2023

BRICS women business alliance strategic catalysts for economic development

Location: News

BRICS women business alliance strategic catalysts for economic development

KwaZulu-Natal Premier, Nomusa Dube-Ncube, has described the BRICS Women’s Business Alliance Africa Trade Conference as a resounding success and economically meaningful for women.

The BRICS (Brazil, Russia, India, China and South Africa) Women’s Business Alliance Africa Trade Conference was held this week at the Inkosi Albert Luthuli ICC in Durban and brought together over 500 women-led Small Medium Enterprises, from 18 countries, including Zambia, the Democratic Republic of the Congo, Saudi Arabia, Ghana, Tanzania, Mozambique, Zimbabwe and several other African countries.

The conference saw the signing of several partnership agreements worth billions of rand, which the Premier commended as strategic catalysts for economic development. 

Dube-Ncube said, in the landscape of interconnected economies, multilateral trade and investment play an essential role in forging a path towards inclusive prosperity and a more resilient global economic order.

She said the deals are worth over R48.4 billion and over 120 000 jobs will be created across these projects. 

“This marks a pioneering moment in our shared journey as women,” the Premier said.

Among the strategic partnership agreements that were signed during the conference was the Russia-South Africa Mobility Center on BRICS, with a projected investment value of R47million, which represents a ground-breaking collaboration between the United Immigration Center (Russia) and Africans Do Travel Pty Ltd (South Africa). 

This partnership aims to establish a physical centre in South Africa's KwaZulu-Natal province, with a central goal of facilitating smooth cross-border mobility for education, work, and tourism. 

“This initiative underscores the significant influence of population mobility in advancing global sustainable development and economic stability,” Dube-Ncube said.

In the sphere of infrastructure, the R1.96 billion Innovation and Building Technologies Centre of Excellence is set to be established through Private Public Partnership between Afuraka IBT Consortium, and Russia's Federal Autonomous Institution "RosKapStroy". 

The centre aims to empower micro, small, and medium-sized enterprises (MSMEs) in the construction sector to foster innovation, knowledge exchange, and skill enhancement for MSMEs, facilitating technologies transfer partnerships while promoting sustainable construction practices and eco-friendly technologies. 

The signing of a Memorandum of Agreement also set on a dynamic agriculture and energy venture between China and South Africa. 

The innovative multidimensional project, valued over R45 billion, seeks to seamlessly integrating marigold plantation and processing facility with an advanced 1GW solar production plant and beef production operation. 

The Premier said the project will be established on a vast 3 000-hectare land parcel.

Regarding the medical and digital economy, a strategic joint venture emerged as the Africa-China AI Medics Platform, uniting Meridian Medical Network Corporation, EtaData, and Human Insights (Pty) Ltd. 

The innovative partnership capitalises on expertise from China and South Africa, harnessing artificial intelligence, big data, and traditional medicine knowledge to shape the future of healthcare. 

Dube-Ncube noted this collaboration aims to revolutionise African traditional medicine by creating a bridge to modern healthcare through the Africa-China AI Medics Platform, fostering economic growth, knowledge exchange, and healthcare accessibility. 

“The project will commence with a pilot phase in South Africa, with an initial investment cost of R281.6 million, before expanding to other countries across the African continent,” the Premier explained.

The conference also witnessed the revolutionary IntelliBiz KZN portal geared towards pulsating business intelligence for economic advancement and progress. 

The Premier said the ground-breaking initiative is led by prominent Chinese tech firm and a leading South African enterprise, aimed at shaping the digital economy. 

“This innovative collaboration aims to provide the KwaZulu-Natal Government with valuable insights into a diverse business community across sectors and an estimated investment of over R846 million over three years, creating 61 600 new jobs. 

“Aligned with KwaZulu-Natal Government's growth agenda, this venture seeks to develop a state-of-the-art KZN Smart business cloud platform that will empower enterprises, entrepreneurs, government entities and other stakeholders through corporate and data resources serving as a catalyst of economic development in KwaZulu-Natal,” Dube-Ncube highlighted.

Building upon this foundation, she said, the goal is to foster robust collaboration between the South African government and society, culminating in the establishment of a harmonious business ecological model that facilitates efficient and collaborative development across government and enterprise sectors.

The conference further witnessed multilateral collaboration between Apollo Hospitals Group, the Health Accelerator and Zayna Africa Holdings. 

Dube-Ncube noted that the Health Precinct initiative holds the potential to transform healthcare standards and spur economic growth across India and South Africa. 

With Apollo Hospitals Group's extensive medical expertise, she said the initiative aims to revolutionise healthcare across Africa, beginning in KwaZulu-Natal.

“Focused on health infrastructure development, medical education, combating various disease burdens, public health initiatives, technological innovation, research, telemedicine, medical tourism, and more, this partnership aims to create comprehensive healthcare solutions. 

“By addressing critical aspects of healthcare delivery and accessibility, from education to technology, this project aspires to enhance healthcare across borders and contribute to global advancements in the field,” Dube-Ncube said.

“In the landscape of interconnected economies, multilateral trade and investment play an essential role in forging a path towards inclusive prosperity and a more resilient global economic order,” she said. – SAnews.gov.za

GabiK
Fri, 08/25/2023 - 12:03

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Read moreBRICS women business alliance strategic catalysts for economic development
25 August 2023

15th BRICS Summit: Nigeria Remains Committed to Collaborating with China, Others – Vice President Shettima

Location: News

The State House, Abuja
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Nigeria remains committed to collaborating with China and other African countries to ensure that the partnership's objectives are achieved for the mutual benefit of both parties, says the Vice President, Sen. Kashim Shettima.

Vice President Shettima, stated this yesterday when he represented President Bola Tinubu at the BRICS Summit, in Johannesburg at the China-Africa Leaders' Roundtable Dialogue Meeting on the margins of the BRICS Summit, Johannesburg, South Africa.

According to the Vice President, “Nigeria welcomes the new initiatives introduced by the Chinese authorities, which include supporting and promoting the modernization of Africa's agriculture and agribusiness sectors; providing robust support for Africa to expedite regional integration and backing Africa's industrialization and infrastructure expansion.”

Vice President Shettima spoke to a large audience including President Xi Jinping of China and some African leaders on the theme “Promoting African Integration and Jointly Building a High-Level Africa-China Community with a Shared Future” at the Sandton Convention Centre.

He commended the existing partnership between China and Africa particularly “the three newly identified initiatives and priority areas of cooperation, between China and Africa in the areas of agriculture, industrialization, and human capacity development.

He said these align with the “Renewed Hope” mantra of Tinubu Administration, the African Union's Agenda 2063, and the United Nations Sustainable Development Goals 2030”, adding that “they are relevant to our continental and national development aspirations.”

Vice President Shettima praised further the commitment of China stating that “Nigeria firmly endorses China and anticipates forging a close collaboration with the Chinese authorities, the African Union, and all stakeholders.”

He envisioned that this collective efforts will elevate the Africa-China comprehensive strategic and cooperative partnership to unprecedented heights, driven by our mutual pursuit of economic prosperity.

While appraising the partnership further, the Vice President identified critical areas for the prevailing partnership between Africa and China to include “fostering synergy among the pertinent national institutions tasked with formulating, coordinating, and implementing national policies in the three priority areas of cooperation; and encourage efforts that promote African ownership of these initiatives.

Other areas include “the new undertakings should be designed in a manner that acknowledges local particularities, is community-based, and tailors to individual country needs, “amplify international resources for financing education in Africa; Solicit input from pertinent African Union institutions and continental organizations such as the African Development Bank (ADB), the Alliance for a Green Revolution in Africa, and other related regional bodies.

The VP also stressed the importance of “financing Africa's Infrastructure, with a focus on advancing key infrastructural components like Farm-to-Market Corridors, Farm-to-Ports Corridors, Export Transport Corridors, Railway Networks, Road Network Upgrades and Expansions, Airport Enhancements, including dedicated export-oriented airports, Power Generation, Transmission, and Distribution.”

On Nigeria's relationship with the global south, Vice President Shettima told his audience that Nigeria prioritises its relations with the Global South and deeply values all aspects of the South-South Cooperation, noting that the Global South is currently grappling with unparalleled challenges.

Continuing, “we are compelled to devise solutions for climate change and establish security measures to contain and prevent transnational crime, terrorism, and cyberattacks. We are confronted with a significant rate of youth unemployment and disruptive natural disasters.

“This situation provides us with the chance to reassess the challenges we collectively face, as well as those confronting our partners”, he submitted.

In his address, the President of China and co-chair of the Dialogue, Xi Jinping pledged to African leaders who attended the meeting on the sidelines of the Summit that China would launch initiatives to support Africa's industrialization and agricultural modernization.

The Vice President was accompanied to the event by Nigeria's High Commissioner to South Africa, Amb. Muhammad Haruna Manta, the Consul-General, Amb. Andrew Idi and other senior government officials.

Distributed by APO Group on behalf of The State House, Abuja.

Read more15th BRICS Summit: Nigeria Remains Committed to Collaborating with China, Others – Vice President Shettima
25 August 2023

United Arab Emirates joins BRICS Group

Location: News

United Arab Emirates Ministry of Foreign Affairs & International Cooperation
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The United Arab Emirates officially joined the BRICS group after a successful application ratified by the five founding nations, the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People's Republic of China and the Republic of South Africa. The announcement was made as leaders of the five countries met from August 22-24 in Johannesburg for the 15th BRICS summit.

The UAE is committed to multilateral action, and constructive dialogue which is fostered through active platforms that represent developing and emerging economies at an international level. In this regard, becoming a member of an extended BRICS grouping reflects the UAE's keenness to champion the value of multilateralism in supporting peace, and development for the benefit and the wellbeing of peoples and nations across the world.

The UAE has been a long-term partner of the BRICS group, having participated in June's ‘Friends of BRICS' forum in Cape Town, convened as part of the BRICS Foreign Ministers Meeting, chaired by the Republic of South Africa. The UAE also joined the BRICS New Development Bank in October 2021, after it was established in 2015 to mobilise resources for infrastructure and sustainable development projects in emerging markets, developing countries, and BRICS nations.

Commenting on the UAE's successful application to join BRICS, His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs, said: “We express our appreciation to the five founding members of this important grouping, with our successful application reflecting BRICs' approach to partnerships and its strong spirit of friendship.”

His Highness added: “This development forms part of the UAE's commitment to promoting constructive dialogue through active platforms that represent developing and emerging economies, and the country's focus on long-term economic prosperity and maintaining balanced strategic and economic relations—including with international organisations—in an ever-evolving world order. The UAE has consistently championed the value of multilateralism in supporting peace, security, and development globally.”

For his part, His Excellency Sheikh Shakhboot bin Nahyan Al Nahyan, Minister of State, stated: “We express our appreciation regarding the agreement of the leaders of the BRICS countries on the inclusion of the UAE in this important group as of January 2024, and we are grateful for their confidence in this regard. The UAE seeks to support multilateralism and partnerships to achieve development, prosperity and benefit for all countries and peoples.”

HE Sheikh Shakhboot bin Nahyan continued: ”The UAE's inclusion in the BRICS group reflects its keenness on international and multilateral cooperation to achieve sustainable development for all countries around the world.”

Commenting on this occasion, His Excellency Ahmed Al Sayegh, Minister of State, stressed: “The UAE is a global hub for trade and economic development, with a foreign policy focused on supporting long-term economic prosperity. The country adopts innovative strategies, and is working to build an economy based on knowledge and diversity, reinforced by scientific and technological progress.”

HE Al Sayegh emphasized: “Over the past five decades, the UAE has worked to strengthen international partnerships. Its membership in BRICS reflects the country's open approach to reinforcing collaboration with international economic institutions. The UAE is moving rapidly to enhance the competitiveness and sustainability of its economy while exploring new opportunities.”

For her part, Her Excellency Reem Al Hashimy, Minister of State for International Cooperation, said: “We are pleased to join the BRICS group, which the UAE recognizes as a mechanism to promote global peace, stability, and prosperity.”

HE Al Hashimy concluded: “The UAE believes in championing multilateralism and actively contributing to important international arenas. This includes engaging with BRICS, participating regularly in the G20 process, and hosting the Conference of the Parties to the UN Framework Convention on Climate Change (COP28) climate conference in November.

“The UAE stresses that the future of global security and prosperity relies on strong multilateral partnerships and cooperation on the international level, and a shared commitment to achieving stability and development.”

Distributed by APO Group on behalf of United Arab Emirates Ministry of Foreign Affairs & International Cooperation.

Read moreUnited Arab Emirates joins BRICS Group
24 August 2023

Continental Free Trade Area key for Africa’s growth

Location: News

Continental Free Trade Area key for Africa’s growth

The African Continental Free Trade Area (AfCFTA) is the engine for African economic and regional integration, President Cyril Ramaphosa said on Thursday.

The President said this during the China-Africa roundtable on the occasion of the State Visit by Chinese President Xi Jinping.

The China-Africa Leaders’ Roundtable Dialogue co-chaired by Presidents Ramaphosa and Xi was held in an effort to further enhance and strengthen multilateral and international cooperation and partnership for the benefit of Africa’s development.

Both sides stressed the importance of the AfCFTA, having the potential to transform and positively impact upon all sectors of African economies once fully operationalised. The Chinese side committed to promote Africa’s regional economic integration by strengthening and integrating intra-Africa trade, promoting investment, facilitating the development of value chains, and boosting mutual capacity to produce and export value-added manufactured products.

President Ramaphosa said Thursday evening’s deliberations had been robust, giving all a sense of the challenges facing Africa and the opportunities for progress.

“The discussions highlight the importance of effective regional coordination to enhance and support continental integration,” President Ramaphosa said at the session held at the Hilton Hotel in Sandton, Johannesburg.

This as South Africa hosted the 15th BRICS (Brazil, Russia, India, China and South Africa) Summit  as well as hosting President Xi who was on his fourth State Visit to South Africa.

President Xi also participated in the three-day summit which wrapped up on Thursday.

President Ramaphosa said that with the support of China and others, regional development and integration will support the diversification of Africa economies. He added that it will enable African countries to shift away from the export of raw materials to the export of high-quality manufactured goods and services.

“We conclude these deliberations with a clear understanding that the African Continental Free Trade Area is the engine for African economic and regional integration. We have discussed that investment in infrastructure in Africa will need to be significantly scaled up.”

The first citizen said sustained engagement with China as one of the principal supporters of strategic infrastructure development projects is critical.

In addition, obstacles in the way of regional integration such as inadequate financial resources, poor infrastructure networks, increasing violence, terrorism, political instability and others have been identified.

“At the same time, the COVID-19 pandemic and the Russia-Ukraine conflict have worsened public finances and increased the debt burden of many African countries. This has reduced infrastructure investment in Africa,” said President Ramaphosa.

BRICS Africa Outreach and BRICS Plus Dialogues

Meanwhile, the Chinese side expressed its full support for South Africa’s BRICS Africa Outreach and BRICS Plus Dialogues, which provides a platform for the African continent to play an even greater role in global governance and international affairs.

China expressed its strong support for the African Union (AU) to become a full member of the Group of 20 (G20) forum. The African side commends China for introducing the Global Development Initiative, the Global Security Initiative, and the Global Civilization Initiative, in support of strengthening multilateralism and trusts that China and Africa’s development will bring more opportunities for peace and development in the world.

In a joint statement, the two sides agreed that since its inception in 2000, the Forum on China-Africa Cooperation (FOCAC) has proved to be an effective platform for south-south cooperation, focused on achieving common prosperity and sustainable development of all the people of Africa and China.

“We have acknowledged the importance of the Forum on China-Africa Cooperation as means of deepening collaboration in the cause of development.

"The adoption of our joint statement a few minutes ago will further solidify our resolve and commitment to enhancing China-Africa relations.”

The President added that it is now incumbent upon us all to translate these intentions into concrete regional actions that are time-bound and results orientated.

“We should use all necessary regional and continental tools, through our Regional Economic Communities and the African Union, to realise our commitment to an integrated, dynamic and prosperous Africa,” said President Ramaphosa. – SAnews.gov.za

 

Neo
Thu, 08/24/2023 - 22:23

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24 August 2023

Deputy President Mashatile calls for unbiased global scheme

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Deputy President Mashatile calls for fair global system

Deputy President Paul Mashatile has called for the elimination of discriminatory trade barriers, policies and border adjustment measures against African countries and the countries of the global South.

Delivering the closing remarks at the 15th BRICS Summit on Thursday, he said the discriminatory elimination should also include punitive measures designed to reduce the competitiveness of countries of the global south and Africa.

“There must be equal opportunities for Africa and countries of the global south to access finance, supply chains, trade and investment opportunities. Africa and the global south must be fully represented in all management bodies, governing councils, institutions and structures.

“There should no longer be job reservations on the basis of one’s nationality. The world has changed and global governments must change. Let us act now and act together to ensure progress and prosperity for all nations and all peoples,” Mashatile said in Johannesburg.

He said BRICS (Brazil, Russia, India China, and South Africa) countries agreed on a fair global system and reform of multilateral institutions.

“We all agreed on a mutual beneficial relationship in our economic relations. We all agree on the need for our countries to be treated with respect in our international relations.

“Let us move forward united in our effort to address our common global challenges. The geo-political and economic shift-taking place across the world means that we must be intentional about how we move forward.

“We have always been clear that BRICS should champion the core interest of the global south, especially in overcoming economic, financial and political marginalisation,” the Deputy President said.

He said there is broad consensus on the need for reform of the architecture of global relations.

“Without that reform, the vision we set out will not be realized. We need to increase the representation of Africa and the south in all in all global structures.”

The three-day BRICS summit has wrapped up with successful outcome including the expansion of six countries to become full members of BRICS, effective from January 2024.

The Argentine Republic, the Arab Republic of Egypt, the Federal Democratic Republic of Ethiopia, the Islamic Republic of Iran, the Kingdom of Saudi Arabia and the United Arab Emirates have been invited to become full members.

This year’s summit took place under the theme: "BRICS and Africa: Partnership for mutually accelerated growth, sustainable development and inclusive multilateralism.” – SAnews.gov.za

 

 

nosihle
Thu, 08/24/2023 - 21:02

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24 August 2023

Egypt appreciative of BRICS membership

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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

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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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24 August 2023

Security Council must reform – UN Secretary General

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Security Council must reform - UN Secretary General

Continued exclusion of developing countries from holding permanent seats in the United Nations Security Council and under representation in world institutions, is a recipe for serious world fragmentation which could lead already existing tensions to boil over.

This is according to the United Nations Secretary-General António Guterres who was addressing the media on the last day of the 15th BRICS (Brazil, Russia, India, China and South Africa) Summit held at the Sandton Convention Centre in Johannesburg.

“I believe, two areas require a particularly important reform effort. One is the Security Council; the second, the Bretton Woods system.  If we are not able to reform our institutions to make sure they reassume a truly universal character, we risk fragmentation, and fragmentation can be one day, a factor of confrontation.

“[History] has shown time and again that multi-polarity without strong multilateral institutions is no guarantee for stability; it might even become a catalyst for chaos. We must urgently restore trust and reinvigorate multilateralism. This requires the courage to compromise for the common good,” Guterres said on Thursday.

The UN Security Council, considered one of the world body’s most powerful groups, is made up of 15 permanent and non-permanent members. The five permanent members are the United States of America, the United Kingdom, France, China and Russia.

Africa’s 54 states are represented on the council by three non-permanent seats currently held by Gabon, Ghana and Mozambique.

Driving home his point further, Guterres added that reforms in powerful global institutions require “a special focus on Africa”.

“The Security Council, the Bretton Woods system and other international organisations reflect the world of 1945 when many African countries were still part of European empires. To this day, the continent is under represented in the global financial architecture just as it lacks a permanent seat on the Security Council.

“The world has changed and so, global governments, must change with it. It must represent today’s power and economic relations and not the power and economic relations of 1945,” he said.

He further emphasised that these reforms must transverse institutions “at every level” and also bear greater inclusion of long marginalised groups such as women and youth.

“My message to the leaders assembled here was clear. Our world is in dire straits. We face existential challenges from the worsening climate emergency and escalating conflicts to the global cost of living crisis, soaring inequalities and dramatic technological disruptions. So this is the time to come together and work together,” he said. – SAnews.gov.za

 

NeoB
Thu, 08/24/2023 - 16:11

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24 August 2023

BRICS partnership is a catalyst for global growth

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BRICS partnership is a catalyst for global growth

President Cyril Ramaphosa says the BRICS partnership is a catalyst for global growth and development that responds to the needs of all nations.

“It is the right of Africa and the entire Global South to fully reap the benefits of global trade and investment. Without trade and investment our economies cannot thrive and our peoples’ material conditions cannot improve,” Ramaphosa said.

Ramaphosa was speaking at the BRICS (Brazil, Russia, India, China and South Africa) Africa Outreach and BRICS Plus Dialogue, held on the last day of the 15th BRICS Summit on Thursday.

“As the African continent we are determined that the continent’s substantial resources are harnessed for the benefit and development of Africa’s people. The African Continental Free Trade Area, once fully operational, will unlock the benefits of the continental market and generate substantial opportunities for African and other countries,” he said.

To make use of these opportunities, Africa is looking to the BRICS partnership to unlock infrastructure and development financing, noting this was part of the founding vision of the New Development Bank.

He said the Bank is playing a leading role in efforts to increase the resilience of the global South, and to bring fairness to global trading and financial systems by strengthening the use of BRICS currencies. 

“We have to reform global economic, financial and political governance, including the multilateral trading system, so that we create a conducive environment for fair trade.”

While many countries of the global South are seeing significant progress in industrialisation, technological development, innovation and the digital economy, they are not fully reaping the economic benefits.

“By working together, by sharing skills and capabilities, by mobilising resources, we will be able to give renewed impetus to global growth and sustainable development. We need to move beyond expressions of solidarity towards inclusion and mutually-beneficial economic cooperation,” President Ramaphosa said.

Call for special attention to global South concerns

Meanwhile,  the Prime Minister of India Narendra Modi commended President Ramaphosa for hosting a success summit, noting the summit has given them the opportunity to share views with countries of Africa, Asia and Latin America.

Modi said that in discussions over the last two days, members have emphasised the priorities and concerns of countries in the global South. 

“We believe that by calling special attention to these issues by BRICS, is a need of these current times. .. And we welcome all the new member countries [and] this will make global institutions and forums more representative and inclusive, a step towards such efforts of ours.

“When we use the term global South, it is not just a new diplomatic term. In our shared history we have together faced colonialism, [and] it was in this land of Africa that Mahatma Gandhi developed a powerful concept of non-violence and peaceful resistance, tested here and then used them in India’s struggle for freedom. His thinking and ideas inspired great leaders like Nelson Mandela,” Modi said.

Republic of Brazil President, Lula da Silva, said he was very impressed with the maturity of the BRICS Summit, and the results they managed to reach. 

“The GDP [gross domestic product] of the BRICS is growing up to 37% of the GDP in terms of the purchasing power and 46% in terms of the world population,” da Silva said.  

He also commended the team from the Foreign Affairs Ministers for the extraordinary work they did to conduct the declaration of Johannesburg which was signed on Thursday, adding that BRICS will continue to open to new members and also approve criteria procedures for future members.

Rebuilding of a new multi-polar world order

Russian President, Vladimir Putin also commended South Africa for the efforts made during their joint work. 

Putin said BRICS stand for rebuilding of a new multi-polar world order, one that is “truly balanced and takes interest in as many nations as possible.”

He said Russia will always remain a reliable food supplier and continue to support countries who are most in need.

“We will promote the overcoming of all ways of inequality that exists in the world, and BRICS will continue to be the driving force of the new international order," Putin said. – SAnews.gov.za

 

GabiK
Thu, 08/24/2023 - 13:39

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24 August 2023

Rich countries urged to honour $100-billion climate finance goal

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Rich countries urged to honour $100-billion climate finance goal

United Nations (UN) Secretary-General, António Guterres, has urged developed countries to keep their promises to developing nations by meeting the climate finance commitment of US$100 billion.

This is after rich nations made a pledge in 2009 to the less wealthy countries at a UN Climate Change Conference in Copenhagen, Denmark, to assist them in adapting to climate change and alleviate rises in temperature by 2020.

Guterres also called on the wealthy nations to double adaptation finance, replenish the Green Climate Fund, and operationalise the loss and damage fund this year. 

“As a matter of justice, Africa must be considered a priority in all these efforts,” he stressed. 

He delivered the remarks at the BRICS-Africa Outreach and BRICS Plus Dialogue, which was held during the 15th BRICS Summit at the Sandton Convention Centre, Johannesburg.

Guterres said the climate crisis was spiralling out of control and urged world leaders to step up their efforts to tackle it. 

“I have put forward a Climate Solidarity Pact in which developed countries provide financial and technical support to help emerging economies – in Africa and beyond – to promote an equitable and just transition to renewable energy.” 

He told delegates that he presented an Acceleration Agenda, which aims to see developed countries committing to reach net zero by 2040 and developing nations as close as possible to 2050.

The Secretary-General also touched on the crisis of cost of living.

He stated that poverty, hunger, and inequalities are growing against the Agenda 2030 for Sustainable Development’s objectives.  

“Geopolitical divides and conflicts are multiplying with profound global implications, especially the impacts from the Russian invasion of Ukraine.”

Multipolar world

While nations were eyeing a multipolar world, he said multipolarity was not enough to guarantee a peaceful or global community.

“To be a factor of peace, equity, and justice in international relations, multipolarity must be supported by strong and effective multilateral institutions.”

Guterres is advocating for a strengthened and reformed multilateral architecture based on the UN Charter and international law.

“Today’s global governance structures reflect yesterday’s world. They were largely created in the aftermath of World War II when many African countries were still ruled by colonial powers and were not even at the table. 

“This is particularly true of the Security Council of the United Nations and the Bretton Woods institutions.”

For multilateral institutions to remain universal, he said they must reform to reflect today’s power and economic realities. 

“In the absence of such reform –– fragmentation is inevitable.”

Cooperation 

Guterres said the world cannot afford a divided global economy and financial system, diverging strategies on technology, and conflicting security frameworks.

“The IMF [International Monetary Fund] estimates that such a fracture could cost 7% of global GDP [gross domestic product] – a cost that would be disproportionately borne by low-income countries, mainly in Africa.

“And so I have come to Johannesburg with a simple message, in a fracturing world with overwhelming crises, there is simply no alternative to cooperation.”

He advised leaders to urgently restore trust and reinvigorate multilateralism for the 21st century.

“This requires the courage to compromise in the reforms necessary for the common good.

“It requires full respect for the UN Charter, international law, universal values, and all human rights – social, cultural, economic, civil, and political. And it requires much greater solidarity,” he stressed, admitting that none of this was easy.

“But it is essential. And is essential, especially for Africa.”

He acknowledged that Africa, a historical victim of slavery and colonialism, continues to confront grave injustices.

“On average, African countries pay four times more for borrowing than the United States and eight times more than the wealthiest European countries.” 

Guterres also noted that African states account for just 4% of global greenhouse gas emissions, but are an epicentre of climate chaos.

“Looking ahead, I see two priorities for action and justice. First, on the economic front. Redesigning today’s outdated, dysfunctional, and unfair global financial architecture is necessary, but I know it won’t happen overnight. Yet we can – and must – take practical action now.”

He has since proposed an effective debt workout mechanism, and other steps necessary to multiply the resources available for developing countries are vital for sustainable development in Africa and its people. – SAnews.gov.za

Gabisile
Thu, 08/24/2023 - 13:42

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24 August 2023

BRICS adopts Johannesburg II Declaration

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BRICS adopts Johannesburg II Declaration

The 15th BRICS Summit has successfully adopted the Johannesburg II Declaration, a document that encapsulates significant BRICS viewpoints on matters of global economic, financial and political significance.

This was announced by the Chair of BRICS President Cyril Ramaphosa on Thursday during a media briefing to announce the outcomes of the XV BRICS Summit. 

“We adopted the Johannesburg II Declaration which reflects key BRICS messages on matters of global economic, financial and political importance. It demonstrates the shared values and common interests that underlie our mutually beneficial cooperation as the five BRICS countries.

“BRICS itself is a diverse group of nations. It is an equal partnership of countries that have differing views but have a shared vision for a better world,” the President said. 

The leaders of Brazil, Russia, India, China and South Africa met in Sandton, Johannesburg, from 22 to 24 August 2023 for the XV BRICS Summit.

The Summit was held under the theme: "BRICS and Africa: Partnership for Mutually Accelerated Growth, Sustainable Development and Inclusive Multilateralism".

This is the first BRICS Summit to be hosted in-person since the COVID-19 pandemic and the subsequent global travel restrictions. 

The BRICS leaders have reaffirmed their commitment to the BRICS spirit of mutual respect and understanding, sovereign equality, solidarity, democracy, openness, inclusiveness, strengthened collaboration and consensus. 

As the bloc builds upon 15 years of BRICS Summits, it further committed to strengthening the framework of mutually beneficial BRICS cooperation under the three pillars of political and security, economic and financial, and cultural and people-to-people cooperation.

Partnership for Inclusive Multilateralism

The bloc has also committed to enhance its strategic partnership for the benefit of its people through the promotion of peace, a more representative, fairer international order, a reinvigorated and reformed multilateral system, sustainable development and inclusive growth.

“We reiterate our commitment to inclusive multilateralism and upholding international law, including the purposes and principles enshrined in the Charter of the United Nations (UN) as its indispensable cornerstone,” President Ramaphosa said. 

The BRICS leaders expressed their concern about the use of unilateral coercive measures, which are incompatible with the principles of the Charter of the UN and produce negative effects notably in the developing world.

“We reiterate our commitment to enhancing and improving global governance by promoting a more agile, effective, efficient, representative, democratic and accountable international and multilateral system.

“We call for greater representation of emerging markets and developing countries, in international organizations and multilateral fora in which they play an important role. We also call for increasing the role and share of women from EMDCs at different levels of responsibilities in the international organizations,” the Declaration read. 

Local currencies

The BRICS leaders emphasised that they are ready to explore opportunities for improving the stability, reliability and fairness of the global financial architecture.

In the declaration, the leaders said they recognise the widespread benefits of fast, inexpensive, transparent, safe, and inclusive payment systems.

Therefore the Summit agreed to task the BRICS Finance Ministers and/or Central Bank Governors, as appropriate, to consider the issue of local currencies, payment instruments and platforms and report back to the BRICS leaders by the next Summit.

“We look forward to the report by the BRICS Payment Task Force (BPTF) on the mapping of the various elements of the G20 Roadmap on Crossborder Payments in BRICS countries. We welcome the sharing of experience by BRICS members on payment infrastructures, including the interlinking of cross-border payment systems.

“We also encourage strengthening of correspondent banking networks between the BRICS countries and enabling settlements in the local currencies. We task our Finance Ministers and/or Central Bank Governors, as appropriate, to consider the issue of local currencies, payment instruments and platforms,” the leaders said. 

New Development Bank (NDB)

The summit further recognised the key role of the New Development Bank (NDB) in promoting infrastructure and sustainable development of its member countries. 

The Summit congratulated Dilma Rousseff, former President of the Federative Republic of Brazil, as President of the New Development Bank (NDB) and are confident that she will contribute to the strengthening of the NDB in effectively achieving its mandate.

“We expect the NDB to provide and maintain the most effective financing solutions for sustainable development, a steady process in membership expansion, and improvements in corporate governance and operational effectiveness towards the fulfilment of NDB's General Strategy for 2022-2026,” the leaders said. 

The leaders further welcomed the work of the BRICS Women’s Business Alliance in their first in-person engagement with leaders, particularly welcoming the participation of youth representatives in the Summit.

They further addressed expectations for the BRICS economic partnership to generate tangible benefits for communities and deliver viable solutions for common challenges faced by the global South. 

The Summit further reaffirmed the importance of BRICS people-to-people exchanges in enhancing mutual understanding, friendship and cooperation.

Brazil, Russia, India and China commend South Africa's BRICS Chairship in 2023 and expressed their gratitude to the government and people of South Africa for holding the XV BRICS Summit. 

The bloc further extended its full support to Russia for its BRICS Chairship in 2024 and the holding of the XVI BRICS Summit in the city of Kazan, Russia. – SAnews.gov.za

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24 August 2023

BRICS Heads of State welcome ‘historic’ bloc expansion

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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
24 August 2023

BRICS: Six current countries join the bloc

Location: News

BRICS: Six new countries join the bloc

The much-anticipated expansion of the BRICS (Brazil, Russia, India, China and South Africa) bloc has gained momentum with the current members having collectively decided to extend invitations to six countries to become full members, effective from January 2024.

“As the five BRICS countries, we have reached 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.

“We have decided to invite the Argentine Republic, the Arab Republic of Egypt, the Federal Democratic Republic of Ethiopia, the Islamic Republic of Iran, the Kingdom of Saudi Arabia and the United Arab Emirates to become full members of BRICS. The membership will take effect from 1 January 2024,” President Cyril Ramaphosa said. 

President Ramaphosa said this in his capacity as Chair of BRICS and President of the Republic of South Africa during a media briefing to announce the outcomes of the XV BRICS Summit held at the Sandton Convention Centre in Johannesburg on Thursday.

The debate over the expansion of BRICS topped the agenda at the three-day summit where the leaders of the emerging economies held meetings. 

This announcement is expected to propel the group towards increased global influence in world relations as it already represents more than 40% of the world’s population (at least 3 billion people) and some 31% of the global GDP.

President Ramaphosa expressed that the bloc values the interest of other countries in building a partnership with BRICS.

He also announced that the leaders have tasked their respective Foreign Ministers to further develop the BRICS partner country model and a list of prospective partner countries and report by the next Summit.

BRICS-Africa Outreach and BRICS Plus Dialogue

The Heads of State will later today host leaders from Africa and the Global South in the BRICS-Africa Outreach and BRICS Plus Dialogue.

President Ramaphosa said this is aimed at having an inclusive dialogue on key issues affecting developing economies. 

“This is so that we can have an inclusive dialogue on key issues affecting developing economies and identify actions that we can take together towards a more equitable, inclusive and representative world,” he said. 

The President concluded by thanking the leaders of Brazil, Russia, India and China, together with their delegations, for participating in the “most successful” 15th BRICS Summit.

Through this Summit, he said, BRICS has embarked on a new chapter in its effort to build a world that is fair; a world that is just; a world that is also inclusive and prosperous. – SAnews.gov.za

DikelediM
Thu, 08/24/2023 - 10:53

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Read moreBRICS: Six current countries join the bloc
23 August 2023

Climate activists demand action at BRICS talks

Location: News

Hundreds protest in Sandton where summit is underway

Read moreClimate activists demand action at BRICS talks
23 August 2023

BRICS diversity is its greatest strength

Location: News

BRICS diversity is its greatest strength

President Cyril Ramaphosa has emphasised that the BRICS group of countries which are united by their common vision and goals incorporates peoples, cultures and traditions of more than three billion people across the world. 

“We are united by our common vision and common goals. Our diversity is our greatest strength, and tonight you will get to experience the rich tapestry of cultures, traditions and foods of South Africa,” he said. 

The President was speaking on Wednesday on the occasion of the Cultural performance and State Banquet of the XV BRICS Summit that took place at the Gallagher Convention Centre in Midrand, Johannesburg. 

In a celebration of unity, diversity and shared progress, several Heads of State and Government were treated to a formal dinner orchestrated by renowned culinary expert Wandile Mabaso. Mabaso, a globally acclaimed chef, skillfully combines traditional French methods with the delightful tastes of South Africa.

Mabaso was joined by Xolani Mancotywa, a qualified beverage steward and chef who has reimagined traditional African cuisine and authentic African fine dining.

The dignitaries were treated to performances which included a choreography by Gregory Maqoma, inspirational dance by Musa Motha and renowned opera singer Pretty Yende.

The President extended his gratitude to the Heads of State for accepting his invitation as they celebrate being together on a night which he trust they will find joyful and pleasant.

“It is also a night when we thank you for joining the BRICS countries prior to tomorrow’s BRICS Outreach programme.

“We hope that this evening you will experience South Africa's story, one that interweaves our many different cultures, traditions and languages as the foundation of an inclusive nation.

“It is a story that reflects the nature and purpose of BRICS, which values partnership and cooperation in a spirit of openness and solidarity,” the President said. 

Ahead of the BRICS-Africa Outreach and BRICS Plus Dialogue on Thursday, the President told the dignitaries that they will all tomorrow articulate how they will foster change in the world for the benefit of all the peoples of the world.

The President highlighted to the leaders that they have more reason to celebrate as BRICS (Brazil, Russia, India and South Africa) partners following India making history as the first country to successfully land a lunar module on the south pole of the moon.

“We congratulate Prime Minister [Narendra] Modi, the government and people of India and the Indian Space Research Organisation on the success of the Chandraayan-3 mission. Pushing forward the frontiers of scientific endeavour is integral to human progress.

“In anticipation of this great achievement Prime Minister Modi proposed at our BRICS Summit this afternoon that BRICS should set up a Space Exploration Commission where, as BRICS countries, we can share knowledge and experiences,” he said. 

President Ramaphosa emphasised that the more they learn about this world they live in and beyond, the greater their capacity to improve it and to elevate the human condition.

He said that this and many other achievements enable the countries to move forward to prosperity, progress and to peace. - SAnews.gov.za 
 

DikelediM
Wed, 08/23/2023 - 21:56

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Read moreBRICS diversity is its greatest strength
23 August 2023

BRICS well positioned to create equitable world order

Location: News

BRICS well positioned to create equitable world order

President Cyril Ramaphosa has used the occasion of the 15th BRICS Summit Open Plenary to reiterate the bloc’s commitment to the principles of solidarity, sustainable development and an equitable world order.

Joined by his counterparts from the grouping’s member countries – the President of Brazil Lula Da Silva; Russian President Vladimir Putin; Indian Prime Minister Narendra Modi, and the People's Republic of China President, Xi Jinping – President Ramaphosa said the BRICS partnership must be harnessed to drive inclusive global economic recovery.

The South African Statesman said it remains a matter of concern that global financial and payment systems are “increasingly being used as instruments of geopolitical contestation”.

“Global economic recovery relies on predictable global payment systems and the smooth operation of banking, supply chains, trade, tourism and financial flows.

“We will continue discussions on practical measures to facilitate trade and investment flows through the increased use of local currencies,” President Ramaphosa said on the second day of the summit.

President Ramaphosa also said the bloc was "'deeply concerned about conflicts across the world that continue to cause great suffering and hardship".

“As South Africa, our position remains that diplomacy, dialogue, negotiation and adherence to the principles of the United Nations Charter are necessary for the peaceful and just resolution of conflicts.

With the BRICS partnership straddling four continents and five countries that are home to almost three and a half billion people, President Ramaphosa said the bloc has, over the years, been a major driver of global growth, trade and investment.

It is for this reason, the President said, that the agenda of peace and stability ought to be supported, as it is the precondition for a better and more equitable world.

“The world is changing. New economic, political, social and technological realities call for greater cooperation between nations.

“These realities call for a fundamental reform of the institutions of global governance so that they may be more representative and better able to respond to the challenges that confront humanity,” the President said.

This year’s edition of the BRICS Summit is a significant one, not only because it is the first to be hosted in person since the emergence of the COVID-19 pandemic and the subsequent global restrictions, but because of the interest is has attracted from other countries, with over 20 countries having applied to join the bloc of developing nations.

President Ramaphosa said while BRICS is firmly committed to advancing the interests of the Global South, BRICS stands ready to collaborate with all countries that aspire to create a more inclusive international order.

“BRICS stands for solidarity and for progress. It stands for inclusivity and a more just, equitable world order. It stands for sustainable development.

“We are an inclusive formation of developing and emerging economies that are working together to benefit from our rich histories, cultures and systems to advance common prosperity. We do so because we know that poverty, inequality and underdevelopment are the biggest challenges facing humankind.”

Advancing the African agenda

The theme for this year’s summit – ‘BRICS and Africa: Partnership for Mutually Accelerated Growth, Sustainable Development and Inclusive Multilateralism’ – is testament to the group’s realisation that Africa is pivotal to the world’s sustained development, something that President Ramaphosa says is a strategic priority for South Africa during its chairship of BRICS.

The President has welcomed the ongoing engagement of BRICS countries with Africa in the spirit of partnership and mutual respect.

The objectives of reciprocal trade and investment, he said, are some of the pillars in building an Africa that is able to compete on an equal footing in the global economy.

“The African Continental Free Trade Area, once fully operational, will unlock the benefits of the continental market and generate mutually beneficial opportunities for both African and BRICS countries,” President Ramaphosa said.

As the world grapples with climate change, the President said it has become crucial to ensure that the transition to a low-carbon, climate resilient future is just, fair and takes into account differing national circumstances.

In line with this objective, BRICS nations need to advance the interests of the Global South and  call for industrialised countries to honour their commitments to support climate actions by developing economy countries.

President Ramaphosa expressed his full confidence that the 15th BRICS Summit will advance the cause of common prosperity and progress.

“We are confident that this 15th BRICS Summit will enrich and inspire our work towards the achievement of a more humane global community,” he said.

The summit, which will wrap up on Thursday, has already seen the hosting of the BRICS Business Council and the signing of a joint memorandum of cooperation, which will see China helping South Africa to power critical institutions as the country continues to work on a plan to deal conclusively with load shedding. - SAnews.gov.za 

Edwin
Wed, 08/23/2023 - 13:18

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Read moreBRICS well positioned to create equitable world order
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