Africa Daily What can Africa get out of the BRICS summit?
Aug 22, 2023
World leaders including Xi Jinping, Lula da Silva, and Narendra Modi gather in South Africa for the BRICS summit. They discuss an alternative currency to the US dollar, expanding the BRICS bloc, and challenging the dominance of the United States. The summit also explores the admission of new member states, de-dollarization of currencies, and benefits for Africa. African countries are interested in trade opportunities, geopolitical implications, and the possibility of an alternative global structure.
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BRICS Overview
- BRICS aims to promote economic cooperation and increase trade among its members.
- The bloc comprises Brazil, Russia, India, China, and South Africa, accounting for a significant portion of the global population and economy.
Security Presence at BRICS Summit
- Producer Paula Kaje reports a heavy police and army presence at the BRICS summit in Sandton.
- South Africa's elite special task force, usually reserved for special occasions, is deployed, highlighting the event's importance.
Key Attendees and Absentees
- Several key leaders like Lula da Silva, Xi Jinping, and Narendra Modi are present at the summit.
- Vladimir Putin is notably absent due to an ICC arrest warrant, participating virtually instead.