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The anticipation is over and the stage is set. The much vaunted 15th Brazil, Russia, India, China, South Africa (BRICS) Summit kicks off at the Sandton Convention Centre in Johannesburg.
The Summit is held under the theme: “BRICS and Africa: Partnership for Mutually Accelerated Growth, Sustainable Development, and Inclusive Multilateralism” and is expected to last until Thursday.
The Summit brings together Heads of State and Government from Brazil, Russia, India, China and South Africa with at least 30 other Heads and of State and Government from Africa and all across the world expected to attend.
President Cyril Ramaphosa set the tone for the summit on Sunday evening, saying the BRICS grouping has the ability to “collectively shape global dynamics and acting together, have the potential to drive significant changes in the world economy and international relations”.
“This BRICS Summit is particularly important as it is being held as the world is confronted by fundamental challenges that are bound to determine the course of international events for years to come.
“Our world has become increasingly complex and fractured as it is increasingly polarised into competing camps. Multilateralism is being replaced by the actions of different power blocs, all of which we trade with, invest with, and whose technology we use.
“It is for this reason that South Africa continues to advocate for an open and rules-based global governance, trade, financial and investment system. It must be a system that does not depend on the exercise of power or unilateralism, but by the advancement of the interests of the peoples of the world,” he told the nation.