BRICS IS A NEW PLAYER ON THE AFRICAN CONTINENT
T. L. DEITCH Candidate of Historical Sciences E. N. KORENDYASOV PhD in Economics Institute of Africa, Russian Academy of Sciences Keywords: BRICS, Africa, cooperation, trade, investment, raw materials, infrastructure Africa is developing a new vector of development of political, diplomatic and foreign economic relations, which opens up the prospect for the continent to optimize the effectiveness of these ties and weaken the dominance of the Euro-Atlantic community in this area. The role of such a vector is increasingly being adopted by BRICS. This abbreviation is used in the international arena by a new international forum consisting of Brazil, China, India, Russia and the Republic of South Africa (since 2011)*. Today, these countries account for 26% of the earth's surface, 42% of the population, 18% (according to PPP - up to 25%) of the total world GDP, 40% of world gold and foreign exchange reserves 1. THE EMERGENCE OF BRICS Until 2006, the abbreviation BRIC remained mainly in the materials of Goldman Sachs. In 2006, the first meeting of the foreign Ministers of the four countries was held on the sidelines of the UN General Assembly, and in 2008, during the G8 summit in Japan (Hokkaido), the first meeting of the heads of these states took place. Financial and economic crisis of 2008-2009 accelerated the process of consolidation of the new association. At Russia's initiative, the first official BRIC summit was held in Yekaterinburg in June 2009. Since then, four summits of the group have been held, regular contacts are being held between the foreign ministers, and meetings are being held at the ministerial level in various areas - finance, trade, security, statistics, and agriculture. At the 4th Summit in Beijing in May 2011, BRIC became BRICS: Its fifth member is South Africa. South Africa sees admission to the group as a major success of its foreign policy and international recognition of its potential. At a conference in Durban marking the 150th anniversary of t ... Read more
____________________

This publication was posted on Libmonster in another country. The article seemed interesting to our editor.

Full version: https://libmonster.com/m/articles/view/BRICS-IS-A-NEW-PLAYER-ON-THE-AFRICAN-CONTINENT
Indonesia Online · 80 days ago 0 230
Professional Authors' Comments:
Order by: 
Per page: 
 
  • There are no comments yet
Library guests comments




Actions
Rate
0 votes
Publisher
Indonesia Online
Jakarta, Indonesia
12.09.2023 (80 days ago)
Link
Permanent link to this publication:

https://biblio.id/blogs/entry/BRICS-IS-A-NEW-PLAYER-ON-THE-AFRICAN-CONTINENT


© biblio.id
 
Library Partners

BIBLIO.ID - Indonesian Digital Library

Create your author's collection of articles, books, author's works, biographies, photographic documents, files. Save forever your author's legacy in digital form. Click here to register as an author.
BRICS IS A NEW PLAYER ON THE AFRICAN CONTINENT
 

Editorial Contacts
Chat for Authors: ID LIVE: We are in social networks:

About · News · For Advertisers

Indonesian Digital Library ® All rights reserved.
2023-2023, BIBLIO.ID is a part of Libmonster, international library network (open map)
Preserving the Indonesian heritage


LIBMONSTER NETWORK ONE WORLD - ONE LIBRARY

US-Great Britain Sweden Serbia
Russia Belarus Ukraine Kazakhstan Moldova Tajikistan Estonia Russia-2 Belarus-2

Create and store your author's collection at Libmonster: articles, books, studies. Libmonster will spread your heritage all over the world (through a network of affiliates, partner libraries, search engines, social networks). You will be able to share a link to your profile with colleagues, students, readers and other interested parties, in order to acquaint them with your copyright heritage. Once you register, you have more than 100 tools at your disposal to build your own author collection. It's free: it was, it is, and it always will be.

Download app for Android