South Africa strengthens its African position at BRICS

27 March 2012

With a few hours left before the start of the 4th session of the BRICS (Brazil, Russia, India, China and South Africa) Summit in New Delhi, India, President Jacob Zuma intends to position South Africa as a global force representing emerging African economies in international platforms. The President will be accompanied by the Ministers of International Relations and Cooperation, Ms Maite Nkoana-Mashabane and of Trade and Industry, Dr Rob Davies.

South Africa sees its BRICS membership as a strategic opportunity through which Africa's interests can be advocated on a global platform. Through BRICS, the country will craft more vigorous trade and investment programmes for Africa to ensure that the voice of the continent is heard in the broader global market. This year's BRICS summit will focus on global governance matters, including the global economy and international peace and security, as well as sustainable development issues, including climate change.

The fast-growing emerging economies of BRICS have a vital role to address the global economic crisis, thus equalling their status with traditional powers. Accompanied by a business delegation led by Business Unity South Africa of more than 50 companies, President Zuma has affirmed South Africa's interest in boosting its trade and investment portfolio. South Africa will also seek support from BRICS partners for the New Partnership for Africa's Development (NEPAD) infrastructure development. The support would include industrialisation initiatives on the African continent and advocacy for reform of global governance institutions.

Government Spokesperson, Mr Jimmy Manyi says this year's Summit is expected to yield results in economic development and provide major opportunities for BRICS partners and other African nations.

"Our BRICS partners view South Africa as a gateway into the continent as we provide guidance on African economic development opportunities. Africa is projected as the third-fastest growing economy in the world, while the BRICS countries now constitute the largest trading partners of Africa and have the potential to attract major investment opportunities." Manyi said.

South Africa will host the 5th BRICS sitting in 2013.

For enquiries, please contact:
Jimmy Manyi (Cabinet Spokesperson)
Cell: 082 379 3454

Issued by: Government Communications (GCIS)

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