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We need to adjust our economic structure, achieve development of better quality, build closer economic partnership, boost the building of an open world economy and establish a global development partnership
Friday, May 17, 2024
Report: BRICS+ Likely New Counterpoint to G7-Led Geopolitical Order
The expansion of the BRICS group of nations into what has informally been named BRICS+ could highlight a geopolitical shift, with the new grouping positioning itself as a counterpoint to the Western-led geopolitical order, a report published by the Luskin School of Public Affairs at the University of California Los Angeles (UCLA) argues
China's trade with other BRICS members hit 1.49 trillion yuan ($209.7 billion) in the first quarter, up 11.3 percent year-on-year, according to customs authorities
As attention focuses on wars in Eastern Europe and the Middle East and mounting tensions between the world’s great powers, a structural shift in the global order has been quietly underway. Large developing nations are exerting greater influence in world economic affairs and are beginning to build alternatives to Western-led institutions
The Deputy President's visit programme includes interaction with experts in telecommunications and the digital economy. This is in line with South Africa's strategic objectives to develop technological infrastructure to achieve meaningful universal connectivity
At the BRICS (Brazil, Russia, India, China, South Africa) summit last year, the much-anticipated announcement of a common digital currency gave way to talk about using local currencies for cross border payments. Now BRICS has expanded from five to ten members and Russia is currently the organization Chair
Thanks to an agreement made during the 2023 BRICS Summit, 22 women from TVET Colleges across the country are heading to India for training. They are expected to be upskilled in solar panel and PV tech installation and maintenance
China and South Africa are two dynamic and influential economies attracting the attention of global investors because of their significant growth potential and investment opportunities. Both countries play an important role in their respective regions and have unique characteristics that make them open destinations for domestic and international investors