Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines
Economy
Other

Ramaphosa welcomes plans to develop Brics nations

25 Oct 2024 - by Staff reporter
 Source: Salaam Media
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

The Brics Engagement and Brics Plus platforms are an opportunity for countries to forge greater and deeper ties for development.

This is according to President Cyril Ramaphosa, who was delivering South Africa’s country statement during the Brics/Plus Countries’ First Session in Kazan, Russia on Thursday.

The leaders of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates are meeting for the first time since new members were invited to join Brics during the Johannesburg Brics Summit on August 23, 2023.

Together, the bloc holds around 35% of the global Gross Domestic Product (GDP) and 20% of world exports.

“The Brics Outreach and Brics Plus engagements are important platforms for developing strong ties among countries from the greater Global South and emerging markets,” Ramaphosa said.

“We should use these platforms to foster meaningful engagement. We should use the Brics platform to contribute to social, economic and cultural development of our peoples.”

The president welcomed initiatives by Russia aimed at developing other Brics nations.

“We welcome the Russian initiatives that are aimed at strengthening a number of Brics countries through the various networks aimed at improving the future of Brics countries’ transport networks and connectivity under the theme, ‘Innovation and Digitalisation of Transport’.

“This will help us find ways to integrate and deepen our interconnectedness in new and imaginative ways,” he said.

Ramaphosa noted that work had already begun through the International North-South Transport Corridor, a multimodal transportation corridor established from St Petersburg in Russia to Mumbai, India.

“This corridor is an opportunity for this region to unlock new trade flows and trade routes in an increasingly multipolar world,” he said.

“On the African continent, the African Continental Free Trade Area will unlock opportunities for trade and investment for local and global businesses. It will create a number of opportunities that will lead to an integrated and connected continent.”

Ramaphosa encouraged Brics countries and friends of Brics to “use these projects to further connect the greater Global South”.

International conflicts

He called for the resolution of conflicts that are escalating not only in the Middle East but also on the African continent.

“We must find lasting solutions to all these conflicts.

“We must remain committed to the peaceful resolution of all disputes through negotiation and inclusive dialogue. We must safeguard the ability of States to pursue independent foreign policy.

“We must safeguard the multilateral system because it is the cornerstone of international relations, and foster an environment of peace and development,” he said.

He emphasised that conflicts could not be allowed to “continue in perpetuity”.

“We need to find paths to peace. In our quest for a more interconnected, just and prosperous world, we have the ability to foster an environment of peace through a focus on sustainable development.

“We must continue to support nations and peoples, who seek to end the cycle of conflict and choose the path of peace,” Ramaphosa said. - SAnews.gov.za

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

Saaff reacts positively to ports, rail and road announcement

Logistics

The decision serves to “prevent, mitigate and resolve bottlenecks and additional breakdowns”.

Yesterday
0 Comments

Durban port takes delivery of ship-to-shore cranes

Logistics

The port’s container terminal has invested approximately R1.5 billion in new equipment over the past 18 months.

Yesterday
0 Comments

Steep dip in ConCor line volume after derailment

Logistics

An update states that as a result, rail operations in and out of Durban were affected.

Yesterday
0 Comments

Rates storm looms as Suez eyes reuptake of volume

Logistics

A sudden rediversion of global traffic through the Suez Canal would unleash surplus tonnage back into regular trade lanes.

Yesterday
0 Comments

SA pork producers fear US leverage over citrus and tariffs

Imports and Exports

The primary responsibility remains the protection of the local industry from PRRS outbreaks.

Yesterday
0 Comments

Ramaphosa outlines second phase of Operation Vulindlela

Logistics

The government would deepen the implementation of current reforms in energy and logistics.

Yesterday
0 Comments

Carrier pulls out of crucial cargo flights for Red Sea destinations

Air Freight

Disruption is particularly acute in Sudan, where civil conflict has devastated infrastructure.

Yesterday
0 Comments

Proposed cabotage rules in line with 91 other countries

Sea Freight

“No ship, other than a South African-owned ship, is permitted to engage in coastwise traffic for the conveyance of goods between ports in SA.”

Yesterday
0 Comments

Fuel-crime curbing causes tanker build-up at Moz border

Border Beat
08 May 2025
0 Comments

Agri processing and farm logistics under spotlight at Nampo

Imports and Exports

More than 200 light aircraft, including helicopters and small twin-prop planes, are expected to fly in.

08 May 2025
0 Comments

Saudi Arabian operator evaluates Port of Durban investment

Logistics

The brownfield development opportunity in Maydon Wharf spans 145 hectares and features 15 berths.

08 May 2025
0 Comments

Preferred bidders for Port of RB’s South Dunes Precinct announced

Logistics

TNPA said it forms part of its masterplan for ports in KwaZulu-Natal.

08 May 2025
0 Comments
  • More

FeatureClick to view

Sea Freight May 2025

Border Beat

Fuel-crime curbing causes tanker build-up at Moz border
08 May 2025
Border police turn the tide on illegal crossings
29 Apr 2025
BMA officials arrested for enabling illegal immigration
24 Apr 2025
More

Featured Jobs

New

Transport Clerk (DBN)

Tiger Recruitment
Durban (New Germany)
09 May
New

Operations’ Coordinator

Brinks Security PTY LTD
Johannesburg
09 May
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us