* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, April 2, 2026
Earth-News
  • Home
  • Business
  • Entertainment

    Revolutionizing the Future of K-Pop Creation: A New Era Begins

    Sorell Joins Cherokee Immersion School Students in Celebrating Odyssey Award Triumph

    Judge Blocks Trump’s Effort to Defund NPR and PBS

    Celine Dion Makes Triumphant Return with Exciting Paris Residency After Stiff-Person Syndrome Diagnosis

    Uncover Inspiring Stories at the Library’s Exciting Writers Roadshow Event

    Step Inside: Discover the Exciting Entertainment Hub at Lima’s Civic Center and Beyond

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    Liventus Expands Reach with Tamarack Acquisition to Become the Ultimate Technology Partner for Equipment Finance Organizations

    Explore the Latest Breakthroughs in AI, SRT, and Emerging Tech Trends

    Technology and concern may help solve a Virginia Beach mystery – WAVY.com

    Portal Space’s ‘Mini-Nova’ Payload Set to Revolutionize Maneuverable Space Vehicles

    PuriFire Energy Unveils Revolutionary Wastewater-to-Fuel Technology at Innovate UK Showcase

    Why Chromebook Regret Is Fueling a Growing Tech Backlash in Schools

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment

    Revolutionizing the Future of K-Pop Creation: A New Era Begins

    Sorell Joins Cherokee Immersion School Students in Celebrating Odyssey Award Triumph

    Judge Blocks Trump’s Effort to Defund NPR and PBS

    Celine Dion Makes Triumphant Return with Exciting Paris Residency After Stiff-Person Syndrome Diagnosis

    Uncover Inspiring Stories at the Library’s Exciting Writers Roadshow Event

    Step Inside: Discover the Exciting Entertainment Hub at Lima’s Civic Center and Beyond

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    Liventus Expands Reach with Tamarack Acquisition to Become the Ultimate Technology Partner for Equipment Finance Organizations

    Explore the Latest Breakthroughs in AI, SRT, and Emerging Tech Trends

    Technology and concern may help solve a Virginia Beach mystery – WAVY.com

    Portal Space’s ‘Mini-Nova’ Payload Set to Revolutionize Maneuverable Space Vehicles

    PuriFire Energy Unveils Revolutionary Wastewater-to-Fuel Technology at Innovate UK Showcase

    Why Chromebook Regret Is Fueling a Growing Tech Backlash in Schools

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

BRICS expansion to be announced at upcoming summit

August 4, 2023
in Business
BRICS expansion to be announced at upcoming summit
Share on FacebookShare on Twitter

The forthcoming BRICS summit in South Africa will witness a pivotal moment in the global landscape as the five-nation bloc plans to announce its expansion. With 22 formal requests and over 20 informal ones, the enlargement is sparking debates among its members. China is pushing for rapid expansion, but India seeks stricter rules, and Brazil worries about US and EU relations. The summit aims to enhance BRICS’ geopolitical influence, representing nearly 50% of the world’s population and over 35% of global GDP. However, controversy and opposition persist, shaping the future of international relations.

Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

South Africa Says BRICS Will Move Forward on Expansion at Summit

By S’thembile Cele and Sudhi Ranjan Sen

A planned announcement on the expansion of BRICS at a forthcoming summit in South Africa will mark a significant change in the global order, the nation’s ambassador to the five-nation bloc said, even as some of its members push back against new admissions.

Heads of state from Brazil, Russia, India, China and South Africa will make a pronouncement on the enlargement of the group when they meet Aug. 22-24, Anil Sooklal said in a lecture at the University of KwaZulu-Natal on Wednesday. Twenty-two nations have asked formally to become full-time members of the group, and more than 20 others have submitted informal requests.

Read more: ANC Vet League president Zikalala: Coalition with DA – sure. With EFF – absolutely no way.

China favors a rapid expansion of the bloc, which will require consensus among its members. But it has encountered opposition from India, which wants strict rules on how and when other nations could move closer to the group without formally enlarging it, and from Brazil, which is wary of alienating the US and European Union, according to officials with knowledge of the matter.

“BRICS has been a catalyst for a tectonic change you will see in the global geopolitical architecture starting with the summit,” Sooklal said. While he emphasized that the bloc doesn’t see itself as a counterweight to any other organization, he said its expansion was stoking anxiety and opposition among nations in “privileged positions.” 

Russian leader Vladimir Putin will participate at the gathering virtually, avoiding the risk of possible arrest on a warrant from the International Criminal Court for alleged war crimes if he travels to South Africa, which is a member of the tribunal.

A decision on whether Indian Prime Minister Narendra Modi will attend has yet to be taken, although necessary security arrangements have been made and other pre-visit formalities have been completed, according to a person with knowledge of the matter. While Modi’s absence may be viewed as a snub to the host and he would miss out on bilateral meetings with other leaders, India isn’t comfortable with him holding talks with Chinese President Xi Jinping while a border dispute remains unresolved, they said. 

Read more: Niger’s uranium sparks a power play between West and Russia for nuclear dominance

So far, representatives from 71 nations have been invited to attend the summit, according to Sooklal. 

“This will be the largest gathering in recent time of countries from the Global South coming together to discuss the current global challenges,” he said. 

Formed officially in 2009-2010, BRICS has struggled to have the kind of geopolitical influence that matches its collective economic reach. The bloc’s members represent more than 42% of the world’s population and account for 23% of global gross domestic product and 18% of trade.

An expanded BRICS will account for “almost 50% of the global population and over 35% of global GDP and that figure will grow,” Sooklal said. He also highlighted the role that the bloc’s leaders were playing in trying to end Russia’s war in Ukraine.

“There is no tangible evidence that any one of the BRICS countries, South Africa included, is feeding weapons into that conflict,” he said. “But there is clear evidence to the global community that the West is pumping billions of dollars into that conflict and the conflict is raging, so who is talking peace and who is talking war?”

Read also:

The BRICS Summit – Great expectations. Great challenges…
Putin’s BRICS dream, Ramaphosa’s nuke nightmare, Wagner’s new leader and the long war…
BRICS is crumbling: SA’s foreign policy in jeopardy as Russia weakens and India leans towards USA – Katzenellenbogen

–With assistance from Monique Vanek.

© 2023 Bloomberg L.P.

Visited 73 times, 73 visit(s) today

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : BizNews – https://www.biznews.com/sarenewal/2023/08/03/brics-expansion-announced-summit

Tags: BRICSbusinessexpansion
Previous Post

Niger’s uranium sparks a power play between West and Russia for nuclear dominance

Next Post

The ghost of unfulfilled promises

Biology Students Unite to Uncover Breakthrough Discoveries in Praying Mantis Research

April 1, 2026

Young Scientists, Big Impact: Newton County students earn top honors at state science fair – The Covington News

April 1, 2026

IVC Students Unite in Thrilling New Natural Sciences Initiative

April 1, 2026

Emily Fay Celebrated for Outstanding Expertise in Food and Lifestyle Photography

April 1, 2026

2026 World Cup Preview: Your Ultimate Guide to the Globe’s Biggest Sporting Event

April 1, 2026

United Airlines Unveils Beds in Economy Class for a Revolutionary Travel Experience

April 1, 2026

Revolutionizing the Future of K-Pop Creation: A New Era Begins

April 1, 2026

Top Eric Adams Confidant Indicted in Major Health Care Fraud Scandal

April 1, 2026

Trump Takes Bold Action Against Mail-In Ballots with New Executive Order

April 1, 2026

Liventus Expands Reach with Tamarack Acquisition to Become the Ultimate Technology Partner for Equipment Finance Organizations

April 1, 2026

Categories

Archives

April 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930  
« Mar    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (1,149)
  • Economy (1,167)
  • Entertainment (22,043)
  • General (20,747)
  • Health (10,205)
  • Lifestyle (1,181)
  • News (22,149)
  • People (1,169)
  • Politics (1,185)
  • Science (16,382)
  • Sports (21,667)
  • Technology (16,149)
  • World (1,159)

Recent News

Biology Students Unite to Uncover Breakthrough Discoveries in Praying Mantis Research

April 1, 2026

Young Scientists, Big Impact: Newton County students earn top honors at state science fair – The Covington News

April 1, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version