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☆ BRICS Summit: Who stands to benefit from Russia-friendly bloc's expansion?
▼ + stars: | 2023-08-21 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +10 min

The group of Brazil, Russia, India, China and South Africa has never been more prominent on the world stage. Russia’s leader can’t attend the summit because host country South Africa would be obliged to arrest him for alleged war crimes. But nonetheless that family is now entertaining formal bids from nearly two dozen countries to join their bloc of major emerging economies. It held its first summit in 2009 with four members and then added South Africa the following year. An expansion, instead of making the group more potent, could also make it “more unwieldy and ineffective” with more contrasting positions between members, he added.

Persons: can’t, It’s, Russia’s Vladimir Putin –, Putin, Cyril Ramaphosa, BRICS, ” “, Chen Xiaodong, Bhaso, “, China’s Xi, India’s Narendra Modi, Brazil’s Luiz Inacio Lula da Silva, –, Goldman Sachs, Jim O’Neill, BRICS Anil Sooklal, Mihaela Papa, ”, Xi, Yun Sun, Putin –, Manoj Kewalramani, Kewalramani, Modi, Lula, Ramaphosa, Yevgeny Prigozhin, Wagner, Rubens Duarte Organizations: CNN, West, Washington, Sunday, University of Johannesburg, New Development Bank, United Arab, Tufts University, Western, China Program, Stimson, NATO, Takshashila, United Nations Locations: South Africa, Brazil, Russia, India, China, Beijing, United States, New Delhi, Ukraine, African, Argentina, Mexico, Iran, Saudi Arabia, United Arab Emirates, Egypt, Nigeria, Bangladesh, South, Washington, BRICS, Bangalore, Johannesburg, Russian, – China, Africa, Europe

☆ Morocco has not applied to join BRICS - state media
▼ + stars: | 2023-08-19 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Wu Hong/Pool/File photo Acquire Licensing RightsRABAT, Aug 19 (Reuters) - Morocco has not made a formal request to join the BRICS grouping and will not attend its summit in South Africa, state news agency MAP said on Saturday. Citing an unnamed diplomatic source, MAP denied a statement by South Africa's foreign minister Anil Sooklal who said earlier this month Morocco was among the nations seeking to join the bloc. "South Africa allowed itself to speak about Morocco's ties with the BRICS without prior consultation," it said. Morocco would not attend the BRICS meeting in South Africa, MAP said, adding: "South Africa has in fact always shown a primary hostility towards Morocco and has systematically taken negative and dogmatic positions on the Moroccan Sahara issue." Morocco is attached to a non-divisive multilateralism and has good ties with the rest of BRICS member states, it said.

Persons: Wu Hong, Anil Sooklal, Ahmed Eljechtimi, Tomasz Janowski Organizations: Xiamen International Conference and Exhibition Center, REUTERS, South, Polisario, Thomson Locations: Brazil, Russia, China, South Africa, India, Xiamen, Fujian Province, Morocco, Africa, Algeria, Western Sahara, Moroccan

JOHANNESBURG, July 20 (Reuters) - A BRICS currency will not be on the agenda of the bloc's summit in South Africa next month, but Brazil, Russia, India, China and South Africa will continue to switch away from the U.S. dollar, South Africa's senior BRICS diplomat said on Thursday. "There's never been talk of a BRICS currency, it's not on the agenda," Anil Sooklal, South Africa's Ambassador at Large: Asia and BRICS, told a media briefing. "What we have said and we continue to deepen is trading in local currencies and settlement in local currencies." This has pushed countries to find alternatives to the dollar, especially among non-U.S. allies. "BRICS started a process that has been expedited as a result of the conflict, as a result of unilateral sanctions," Sooklal said.

Persons: There's, it's, Anil Sooklal, Luiz Inacio Lula da Silva, Sergei Lavrov, BRICS, Sooklal, Rachel Savage, Carien du Plessis, Tim Cocks, Angus MacSwan Organizations: U.S ., South, Thomson Locations: JOHANNESBURG, South Africa, Brazil, Russia, India, China, South, Asia, Russian, Ukraine, U.S

☆ South Africa to try to withdraw from ICC again - Ramaphosa
▼ + stars: | 2023-04-25 | by ( Carien Du Plessis | ) www.reuters.com time to read: +2 min

[1/2] South African President Cyril Ramaphosa responds to a parliamentary debate on his state of the nation address in Cape Town, South Africa, February 16, 2023. Only two days earlier, South Africa's parliament announced that it would abandon a seven-year-long legislative process to pull South Africa out of the ICC's Rome Statute. The process was abandoned because the governing party in December decided that South Africa should rather remain in the ICC and try to effect changes from within, a decision that has now been reversed. The international arrest warrant against Putin was issued after he had already received his invite from South Africa to the BRICS summit in August, and it would oblige South Africa to hand him over to the International Criminal Court in The Hague if he set foot in the country. "He has been invited by President Ramaphosa and Russia has indicated attendance," South Africa's official in charge of the relationship with BRICS (Brazil, Russia, India, China, South Africa) countries, Anil Sooklal, told Reuters.

[1/4] U.S. Treasury Secretary Janet Yellen and South Africa's Finance Minister Enoch Godongwana attend bilateral talks, at the treasury offices in Pretoria, South Africa, January 26, 2023. Nevertheless Lavrov made a stopover after visiting South Africa, which his counterpart Thulisile Dladla described as a "profound honour." Eswatini relies on the United States for aid, but its absolute monarchy has suffered U.S. criticism on human rights. South Africa, alongside Russia and China, is pushing for a "multipolar" world in which geopolitical power is less concentrated around the United States. "It hasn't delivered the kind of benefits South Africa was hoping to get."

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