Johannesburg, South Africa (ADV) – The South African government recently embraced the assurance from Brazil that the new government is committed to BRICS and continuing the relationship.
BRICS is an acronym for the powerful grouping of the world’s leading emerging economies, namely Brazil, Russia, India, China and South Africa.
“We welcome Brazil’s commitment to BRICS,” said International Relations and Cooperation Minister Lindiwe Sisulu, speaking at the conclusion of a two-day mid-term BRICS Business Council (BBC) meeting in Johannesburg on Thursday, also assuring the BBC of the country’s support as it navigates its way around the continent.
Meanwhile, South Africa has handed over the chairship of the BRICS Business Council (BBC) following 12 successful months at the helm.
“South Africa will chair the African Union (AU) in 2020 to usher in the Africa Continental Free Trade Area. A vibrant and energetic Council is a very necessary partner for this,” said Sisulu.
“Yesterday, the 22nd country signed the Africa Continental Free Trade Area, meeting the minimum threshold for the agreement to come into effect. It bodes well for Africa, for SA and for the Business Council as it opens up Africa for new business opportunities.”
Sisulu said she was encouraged by the “exuberance” of the meeting.
“I hope you enjoyed your stay and hope you stay a little longer. We need you here for the long haul. The BRICS Family is a very important one to us and we’d like you make sure that you give the necessary underpinnings of this very important association,” Sisulu said.
On another note, this year’s BRICS Summit will be on November 13 and 14 in Brasilia, under theme “Economic growth and innovative future”.
© Bur-jhb – M.C – African Daily Voice (ADV) – Follow us on Twitter : @ADVinfo_eng