Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Categories
    • Categories
    • Africa
    • Air Freight
    • BEE
    • Border Beat
    • COVID-19
    • Crime
    • Customs
    • Domestic
    • Duty Calls
    • Economy
    • Employment
    • Energy/Fuel
    • Events
    • Freight & Trading Weekly
    • Imports and Exports
    • Infrastructure
    • International
    • Logistics
    • Other
    • People
    • Road/Rail Freight
    • Sea Freight
    • Skills & Training
    • Social Development
    • Sustainability
    • Technology
    • Trade/Investment
    • Webinars
  • 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.

Hormuz tension triggers surge in war-risk insurance premiums

Logistics
Other
Yesterday
0 Comments

Lobito Corridor construction steaming ahead

Imports and Exports
Infrastructure
Logistics

The corridor is designed to facilitate the export of copper and agricultural products through Angola.

Yesterday
0 Comments

Grindrod reports slip in interim volumes for year to date

Logistics

The company reaffirmed its commitment to improving throughput across its network.

Yesterday
0 Comments

MSC's $23 billion terminals take-over deal under threat

Logistics

Together with BlackRock, the line submitted a joint bid worth $22.8 billion in March.

Yesterday
0 Comments

Infrastructure alone not the only trade shortcoming – corridor specialist

Infrastructure
Logistics

PPP disconnects is one of the issues highlighted by the IMD’s report.

Yesterday
0 Comments

Rail prospects beginning to look up

Road/Rail Freight

The road freight sector had seen a sharp contraction in 2024, with an 8.3% drop in payload volumes.

Yesterday
0 Comments

Forum tightens net against border corruption

Border Beat
Crime

Recommendations have been made to revoke all ‘irregularly awarded’ visas and to deport people involved – SIU.

Yesterday
0 Comments

SA launches R72m foot-and-mouth disease vaccination drive

Imports and Exports

The government has received 900 000 vaccines that will be administered across the country.

Yesterday
0 Comments

Volumes past Strait of Hormuz increase as tension mounts

Logistics
Sea Freight

The surge in tanker movements has contributed to a sharp rise in freight rates.

24 Jun 2025
0 Comments

Crude futures stabilise as markets weigh fragile ceasefire

Energy/Fuel
Logistics

The ceasefire between Israel and Iran has offered some short-term relief for crude oil prices.

24 Jun 2025
0 Comments

KZN April floods ’22: Here’s why Toyota’s insurers are suing

Logistics

The canalisation of the Umlazi is a “process started in 1946 and finished in the 1950s”.

24 Jun 2025
0 Comments

Doha flights resume despite Iran-Israel uncertainty

Air Freight
24 Jun 2025
0 Comments
  • More

FeatureClick to view

Botswana 20 June 2025

Border Beat

Forum tightens net against border corruption
Yesterday
Police clamp down on cross-border crime
17 Jun 2025
Zim's anti-smuggling measures delay legitimate freight operations
06 Jun 2025
More

Poll

Has South Africa's ports turned the corner?

Featured Jobs

New

Commercial Manager

Lee Botti & Associates
Durban
25 Jun
New

Foreign Creditors Clerk (DBN)

Tiger Recruitment
DBN
24 Jun
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us