OVERVIEW: Vladimir Putin says that Mandela's legacy is reflected in Brics

His back to Ramaphosa for a few last words.

He says that, following a proposal by Putin, the five leaders agreed to deepen a component of "people to people".

"We should have a Brics sporting process in a number of sports codes," says Ramaphosa, saying that the popularity of sports in which each country specializes can spread between different countries.

The details of sports and culture meetings will be further settled, says Ramaphosa. He adds that the leaders congratulated Putin for the successful hosting of the 2018 World Cup.

Russia was eliminated by Croatia in the quarter-finals.

The performance of the Russian team was "really exceptional"

The meeting of the five heads of state comes after speakers from previous panels strongly criticized the imposition of customs duties on Chinese exports by US President Donald Trump. "The cooperation between the Brics will be a solution to the challenge of de-globalization," said Bank of China Chairman Chen Siqing, according to a translated version of his opening speech, at a round table on Tuesday .

Leslie Maasdorp, vice president and chief financial officer of the New Development Bank – commonly known as the Brics Bank, said on Tuesday that globalization is "irreversible" and that the protectionist path adopted by the United States would only become more isolated.

On Wednesday, Chinese President Xi delivered a speech criticizing US trade policy without mentioning Trump or the United States. "The BRICS countries should strongly promote an open global economy, be resolved to reject unilateralism and protectionism, promote liberalization and facilitation of trade and investment, and jointly steer the global economy. towards greater openness, balanced growth and win-win outcomes for all, "he said, according to a translated version of his remarks.

President Cyril Ramaphosa and his counterparts from Brazil, Russia, India and China will gather in Johannesburg for the second day of the 2018 Brics Summit, which brings together leaders and companies from the five major emerging economies.

According to the official schedule, Ramaphosa will make a statement at 11:15. Then, what the program calls "other heads of state Brics" will give short statements. Following the remarks of Iqbal Surve, president of the Brics Business Council, and KV Kamath, president of the New Development Bank, the Brics heads of state will adopt the Johannesburg Declaration, which will spell out their goals and objectives. perspectives.

A number of representatives from invited African countries, including Rwanda, Ethiopia, Gabon, Senegal and Togo, also attended the 10th Brics Summit.

Turkish President Recep Erdogan arrived in Johannesburg on Wednesday to attend the summit. He and Russian leader Vladimir Putin should have talks on the sidelines.