Tag: BRICS
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South Africa’s Trade Deficit with BRICS Partners Widens, Raising Questions About bloc’s Future
Intro: A Growing Imbalance Within BRICS New research highlights a sharp expansion in South Africa’s trade deficit with its BRICS partners, widening by $9.6 billion. The figure deepens concerns about how SA participates in the bloc it joined in 2010, and what the trend means for domestic industries, employment, and policy priorities. While BRICS markets…
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South Africa’s BRICS Trade Deficit Widens: Implications for Policy
Overview: A Growing Deficit with BRICS Partners Recent research shows a widening trade deficit between South Africa and its BRICS partners, increasing by approximately $9.6 billion. Authored by leading academic Bhaso Ndze and colleagues, the study highlights a structural shift in South Africa’s trade patterns within the BRICS bloc. The findings come at a time…
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South Africa’s BRICS Trade Deficit – A Widening Gap That Tests the Bloc’s Future
SA’s BRICS Trade Gap Widens: What the Numbers Say South Africa’s trade deficit with its BRICS partners has grown by $9.6 billion, according to recent research compiled by academics including Bhaso Ndze. The widening gap raises important questions about the country’s ongoing engagement with the bloc it joined in 2010. While BRICSs members—Brazil, Russia, India,…
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India to Chair BRICS 2026: Modi’s Ethiopia Visit Historic Moment
H2: A historic turn as India prepares to chair BRICS in 2026 The Indian government has announced that New Delhi will chair the BRICS bloc in 2026, a milestone that underscores India’s growing influence on the global stage. In parallel, Prime Minister Narendra Modi is scheduled for an important visit to Ethiopia, viewed by Delhi…
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Malaysia seeks South Africa’s support for candidacy in international bodies
Malaysia seeks South Africa’s support for candidacies in international bodies Malaysia has initiated outreach to secure backing from South Africa for its bids to join several major international bodies, including a seat on the United Nations Security Council (UNSC) and a key role in the International Maritime Organization (IMO). The move, disclosed by Prime Minister…
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China’s Multilateral Plan for BRICS Cooperation
Introduction The ongoing evolution of BRICS, comprising Brazil, Russia, India, China, and South Africa, has marked significant geopolitical developments in recent years. In a recent virtual summit held on September 8, 2025, Chinese President Xi Jinping presented a comprehensive multilateral plan aimed at enhancing cooperation between the member nations. This initiative, which emphasizes collaboration and…
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China’s Multilateral Plan for BRICS Cooperation
Introduction At a recent virtual summit held on September 8, 2025, Chinese President Xi Jinping outlined an ambitious multilateral plan aimed at strengthening cooperation among BRICS nations. This initiative comes in response to the ever-evolving global landscape and the need for enhanced collaboration among emerging economies. Key Proposals from Xi Jinping During the summit, which…
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Business and Politics Should Not Mix: Jaishankar at BRICS
Introduction At the recent BRICS summit, Indian External Affairs Minister S. Jaishankar delivered a powerful message emphasizing a critical aspect of international trade— the need to keep politics separate from business dealings. This statement came in response to increasing geopolitical tensions and trade barriers, particularly following the U.S. decision to impose an additional 25% tariff…
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BRICS Summit: Solidarity and Future Challenges
Introduction to the BRICS Summit The BRICS Summit, comprising Brazil, Russia, India, China, and South Africa, recently highlighted the group’s solidarity amid a changing global landscape. Political analyst Georgy Bovt emphasized that, while the rhetoric of unity surfaced, more structured institutional and legal frameworks are crucial for these nations to effectively oppose unilateral measures in…
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BRICS Summit: Unity in Words, Action Needed
Introduction: The Significance of the BRICS Summit The recent BRICS Summit has been hailed as a critical moment for the member countries, showcasing their unity and collective approach to navigating the complexities of international trade. While the rhetoric of solidarity resonated throughout the event, political analysts, including Giorgi Bovt, emphasize the necessity for practical frameworks…