Xi to attend BRICS Summit in South Africa next week

Chinese President Xi Jinping is set to attend the BRICS leaders’ meeting and visit South Africa from August 21 to 24. The BRICS summit brings together leaders from Brazil, Russia, India, China, and South Africa, aiming to discuss ways to enhance their collective influence on the global stage.

The BRICS countries collectively account for a quarter of the global economy and are seeking to challenge the dominance of Western powers in global affairs. The leaders’ meeting in Johannesburg will focus on expanding the group’s influence and potentially welcoming new members.

Russian President Vladimir Putin, who faces an international arrest warrant over alleged war crimes in Ukraine, will attend the summit via a video call instead of being present in person.

Approximately 40 nations have expressed interest in joining BRICS, either formally or informally, with countries like Saudi Arabia, Argentina, and Egypt showing interest. China has been supportive of expansion as it aims to increase its global influence, while Russia is also in favor of expansion. However, Brazil is cautious about expansion, fearing that it could dilute the club’s standing. India’s stance on expansion remains uncertain.

In addition to participating in the BRICS meeting, President Xi will co-chair the China-Africa Leaders’ Dialogue with South African President Cyril Ramaphosa. This reflects China’s ongoing efforts to strengthen its relationships with African nations and promote its geopolitical influence in the region.

Elevate your business with QU4TRO PRO!

Gain access to comprehensive analysis, in-depth reports and market trends.

Interested in learning more?

Sign up for Top Insights Today

Sign up for Top Insights Today

Top Insights Today delivers the latest insights straight to your inbox.

You'll get daily industry insights on

Energy, Cleantech, Oil & Gas, Mining, Defense, Aviation, Construction, Transportation, Online Retail, Bigtech, Finance and Politics of Business

By clicking subscribe you agree to our privacy and cookie policy and terms and conditions of use.

Read more insights

US firms partner with Iraq to utilize flared gas for power generation

The signing of agreements between Iraqi and U.S. companies marks a significant step towards harnessing natural gas that has traditionally been flared from Iraq’s oilfields. These agreements aim to utilize the captured gas to generate domestic power, thereby reducing Iraq’s dependence on neighboring…

Germany earmarks €12 billion to protect industry from high power prices

The German government has reached a five-year agreement on a comprehensive package of measures aimed at supporting the country’s industry grappling with high electricity prices. The relief measures, which will amount to up to €12 billion ($12.83 billion) in the coming year alone…

German Chancellor Scholz to discuss raw materials and EV supply chains in Serbia

German Chancellor Olaf Scholz is scheduled to visit Serbia on Friday to hold discussions with President Aleksandar Vučić, with critical raw materials being a primary focus of the trip. Scholz will participate in a critical raw materials summit alongside European Commission Vice President Maroš Šefčovič…

Stay informed

error: Content is protected !!