JOHANNESBURG: Leaders of the BRICS emerging economies, which account for about a quarter of the world's wealth, meet in Johannesburg this week looking to widen the bloc's influence and push for a shift in global geopolitics. South Africa's Cyril Ramaphosa is expected to host China's President Xi Jinping, I
JOHANNESBURG: Leaders of the BRICS emerging economies, which account for about a quarter of the world's wealth, meet in Johannesburg this week looking to widen the bloc's influence and push for a shift in global geopolitics.
"The traditional global governing system has become dysfunctional, deficient and missing in action," Chen Xiaodong, the Chinese ambassador to Pretoria said at a briefing on Friday, adding the BRICS are"increasingly becoming a staunch force in defending international justice". Lebogang Legodi, international politics lecturer at the University of Limpopo, agrees that many states keen on joining the group"are seeing BRICS as an alternative to the current hegemony" in world affairs.
It comes at"a critical inflection point," said Steven Gruzd of the Africa-Russia Africa project at the South African Institute of International Affairs.A decision on expanding the BRICS membership is expected at the end of the summit, according to Sooklal.
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