South Africa can gain much from participation in BRICS as it works to rebuild the country in the wake of the COVID-19 pandemic, President Cyril Ramaphosa said on Monday in his weekly communication to citizens.
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The value of South Africa’s membership of BRICS has grown “substantially” since it joined the group 12 years ago, he wrote ahead of the 14th BRICS Summit scheduled for Thursday. BRICS is the acronym for an emerging-market bloc that groups Brazil, Russia, India, China, and South Africa.
The summit will be held in virtual format under the theme of “Foster High-quality BRICS Partnership, Usher in a New Era for Global Development.” Ramaphosa outlined the benefits and potentials of BRICS partnership in various fields, including trade, tourism, infrastructure, ties of business communities, health and food security.
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