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While there are only two days left before the holding of the 10th BRICS Summit at the Sandton Convention Center in Johannesburg, the government says that all systems are ready and that it is ready to welcome on its shores different heads of state and their delegates. 19659002] "We are very fortunate in South Africa to host the 10th BRICS Summit for the second time, many of you will remember that we hosted the BRICS Summit in Durban, the Ethekwini Summit in 2013. and the opportune moment to welcome, "We are also celebrating the 100th anniversary of Madiba," the South African BRIC ambbadadors, Anil Sooklal, told the media on Wednesday at a BRICS round table
. summit held between July 25 and 27.
The theme for this year's summit is "BRICS in Africa, Collaboration for Inclusive Growth and Shared Prosperity in the Fourth Industrial Revolution."
Sooklal s 39 help that the block intentionally focused on the integration of the BRICS including other countries.
Economists say the summit will be an opportunity for South Africa to establish its program in the BRICS as well as how it can shape the block approach to include a more inclusive approach. African.
Thabi Leoka, Economist at Argon Asset Management "This will allow these countries to be part of the New Development Bank (BND) so that they can also access loans from the bank. NDB members, said Leoka.
She told Mail & Guardian that greater involvement of African countries in the BRICS would allow discussing China's involvement on the African continent and in the way she has done business with other African countries.
"China's large balance sheet often crowds out other African investors from investing in other African countries," Leoka said.
Visiting Professor at the University of Pretoria Garth Le Pere told M & G that through the summit, South Africa could align its agenda and those of the continent through the BRICS.
main priorities, the main one is how the BRICS partnership can promote and enhance and advance the fourth industrial revolution by focusing on Africa, other important areas include the group of work on peacekeeping, which is important for the continent as far as BRICS Countries can contribute to peacekeeping through the United Nations as well as the African Union, "said Le Pere. [19659002Headdedthattheblochasestablishedconfidenceandalevelofmaturityandthereforehasabettersenseofdirectionin2013
Leaders will discuss topics ranging from trade to electronic commerce, to property for the future of employment, the industrial revolution, multilateralism and small and medium-sized enterprises: raising the level of development
The BRICS also intends to establish gr working on peacekeeping, a forum on gender and BRICS women, as well as promoting BRICS partnership in the fourth industrial revolution among others.
Last week, various meetings organized by the BRICS forums were held in certain regions of the country: young people, unions and civil society. This week, the BRICS Business Council is holding a summit to chart the course of business and trade with the five countries.
Sooklal also told the media that the BRICS delegates and sherpas arrived in South Africa and that preparations and consultations were underway in various countries.
Gauteng as a host city is also ready to welcome guests to South Africa's economic engine, which according to Alfred Tau – the deputy director general of Gauteng's Department of Economic Development – will attract more visitors. investment and growth in the province. create jobs and develop industries.
"The main discussions of the BRICS take place at the national level and Gauteng does not lead in these discussions but Gauteng plays an important role as a host … we see this province as an important destination for" Gauteng is The largest economy in South Africa and between 2001 to June this year, Gauteng attracted R380 billion in foreign direct investment, noted Tau.
South Africa joined the BRICS in 2011 and has since contributed $ 17.8 billion in investment to South Africa, Tau said.The total trade of the country in 2017 has gone from 425 billion rand to 461 billion rand.
L & # South Africa has held the BRICS presidency since January of this year
Finance Minister Nhlanhla Nene has been appointed Chairman of the Board of the BRICS Development Bank in May.
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BRICS leaders to adopt Johannesburg declaration, a document outlining all commitments made by BRICS countries during summit
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