Parliament - President Cyril Ramaphosa has praised South Africa’s partnership with BRICS as opening opportunities for the country’s economy.
Ramaphosa was answering questions in the National Assembly, where he was grilled by MPs on various issues including the country’s relations with BRICS.
Ramaphosa said: “The BRICS partnership offers South Africa significant opportunities to expand and diversify our trade, to attract investment and to develop our economic infrastructure.
“Against the backdrop of unilateral measures taken by some developed countries to protect their domestic industries, BRICS countries are forging ahead with initiatives to expand intra-BRICS trade and investment,” said Ramaphosa.
South Africa hosted the 10th BRICS summit in Johannesburg earlier this year which saw multi-billion dollar commitments undertaken by China, Saudi Arabia and the United Arab Emirates.