The BRICS group is still young as an organization, but has already proven its effectiveness. Brazil, Russia, India, China, and South Africa are coordinating their policies on key international issues ever more closely, and are playing an active part in shaping a multipolar world order and developing modern models for the world’s financial and trading systems.
Since joining BRICS, South Africa has enjoyed both trade and diplomatic benefits both regionally and internationally. However, South African Ambassador to BRICS Anil Sooklal says South Africa can further use the multilateral platform to deal challenges such as unemployment, poverty and inequality
In 2013, Chinese president Xi Jinping proposed the Belt and Road Initiative (BRI), an ambitious infrastructure-building project covering much of Eurasia, various seas, and parts of Africa. At the time, few considered how the Arctic might fit into Beijing’s plans
Russia held firm as China’s top crude oil supplier in December for the 10th month and racked up its second year as the No.1 supplier to China in 2017, customs data showed, leaving rival exporter Saudi Arabia in second place once more