Cape Town, 9 September 2021 (TDI): President Cyril Ramaphosa will lead the South African delegation while participating in the virtual 13th BRICS summit which is scheduled for today.
BRICS involves a group of five emerging economic powers known as Brazil, Russia, India, China, and South Africa. This represents 42 percent of the total population, 23 percent of the Gross Domestic Product, 30 percent of the worlds’ ground, and 18 percent of the overall trade. In the 13th BRICS summit, leaders will focus on strengthening intra-BRICS relations and departments of cooperation such as political, security, economics, finance, and social cooperation. As far as this years’ summit is concerned a revised Action Plan for Agricultural Cooperation of BRICS countries counter-terrorism Strategy Action Plan and a revised BRICS Action Plan for Innovation Cooperation is expected. South Africa being a part of the BRICS summit enables itself to acquire powerful tools in the fight to address domestic challenges such as unemployment, poverty, inequality by practicing increased trade, investment, tourism, and capacity building to work on their post-pandemic economic recovery.
Previously, South Africa has made efforts to place the African Continent and the Global South Agenda of BRICS to peacefully implement policies to work on the Agendas such as Africa’s Agenda 2063 and 2030 Agenda for Sustainable Development.
