BRICS unity against protectionism drives East Africa – The Exchange



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Leaders from Brazil, Russia, India, China and South Africa met in Johannesburg, South Africa, to discuss their role as representatives of Emerging economies in the world. One of the main points of discussion and agreement was to send a strong voice against protectionism, a new global trend led by US President Donald Trump

including Chinese President Xi Jinping, Russian President Vladimir Putin and Indian Prime Minister Narendra Mondi. , Brazilian President Michel Temer and South African President Cyril Ramaphosa

The BRICS countries accounted for more than 25% of global GDP in 2017 – a figure that is expected to reach nearly 27% in the coming years, the IMF predicts. Similarly, these countries represent 40% of the world's population and more than 25% of the party's landmbad.

In praising BRICS efforts to protect free trade, South African President Cyril Ramaphosa emphasized the benefits of this movement. will be felt by countries outside the BRICS club. This issue was addressed at a BRICS-Africa outreach meeting attended by leaders from East Africa and was addressed by Indian Prime Minister Narendra Mondi. "We have confirmed our commitment to the World Trade Organization, as the most effective mechanism to ensure that the rules are transparent, non-discriminatory, Faure Gnbadingbé, President of the African Union and Rwandan President Paul Kagame , President and President of the Economic Community of West African States (ECOWAS) Faure Gnbadingbé, Angolan President Joao Lourenco, President of Uganda The President of the African Community of Africa East, Yoweri Museveni and Namibia as new President of the Southern African Development Community (SADC) n BRICS-Africa Awareness Session.

The President of Rwanda, Paul Kagame, observed that Africa and the BRICS shared common interests. "First, we have a common interest in an open and fair international system. Secondly, strengthening cooperation with the BRICS contributes to medium and long-term human security and wider benefits, especially employment, for young Africans, "said Kagame

. infrastructure, as well as peace and security, which are at the heart of the 2063. Agenda

The President of Uganda and current president of the Africa community of East has presented strong arguments in favor of the region. EAC) includes: Kenya, Tanzania, Rwanda, Burundi, South Sudan and Uganda. Our population is now 168 million and our combined GDP (PPP) is now 440 billion US dollars. By 2050, the population of East Africa will be 878,236,244 people. "

He stated that the BRICS countries could easily find investment opportunities in East Africa in value added for cereals, fruits, dairy products, such as iron ore, copper, nickel, tungsten, cobalt and coltan.These ores produce the necessary steel and copper in all basic industries and are also alloys for metal products for specialized purposes such as thermal resistance.

"The benefits of 1.3 billion Chinese on an area of ​​3 million square miles Indians on an area of ​​1 million square miles, 150 million Russians in a territory of 5.3 million square miles and 200 million Brazilians on an area of ​​3.29 million square miles are not lost and have never been lost among panafricanists.African.Therefore, our BRICS partners should

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