Latest News:  


Fifth BRICS summit critical in redefining the future of the developing nations: ANC


08:36, March 26, 2013

JOHANNESBURG, March. 25 (Xinhua) -- The Africa National Congress (ANC), South Africa's ruling party, on Monday said the 5th BRICS summit is critical in "redefining" the future of the developing nations and establishing world economies.

Held under the theme: "BRICS and Africa Partnership for Development, Integration and Industrialisation," the summit will hosted by South Africa in Durban starting from Tuesday.

"The ANC believes that this gatherings is critical in redefining the collective future of the developing nations at a time when the world is constantly threatened by a possible collapse of established economies," said the national spokesperson of the party Jackson Mthembu in Johannesburg.

BRICS is an acronym for Brazil, Russia, India, China and South Africa. The group will host its fifth summit on March 26-27 in South Africa.

During the summit, heads of states President Dilma Rousseff of Brazil, President Vladimir Putin of Russian, President Xi Jinping of China, President Jacob Zuma of South Africa and Prime Minister Manmohan Singh of of India will meet 15 African heads of states invited by Zuma to attend the summit.

The ANC said the meeting of Africa and BRICS leaders is crucial on developing BRICS-Africa trade cooperation.

"We believe that the outcomes of the summit and the meeting of the 15 African Heads of State will be instructive on the consolidation of trade within BRICS and within the African Union and as well as consolidation of cooperation in the area of investment between these countries," Mthembu said.

The summit is critically important to South Africa and its aspirations for Africa growth and economic development. It concludes the group's first five-year cycle. South Africa will chair the group for 12 months after the Durban summit, and then hand over to Brazil.

"As the Chair of the BRICS group for the next twelve months, we believe that South Africa will be able to make its contribution in further defining the agenda and objectives of BRICS," Mthembu said.

Experts say BRICS represents an unprecedented opportunity for its members and countries on the African continent to access new and developing markets, encouraging commercial, political and cultural cooperation for the benefit of the African economy as a whole as well as the individual BRICS member countries.

We recommend:

'Earth Hour' celebrated around world

World's top ten magnificent natural spectacles

World Water Day marked in Jakarta,Indonesia

Holi Festival celebrated in the Philippines

A glance of police dog in Nanningi

LEGO Miniland of iconic landmarks

Email|Print|Comments(Editor:LiangJun、Yao Chun)

Leave your comment0 comments

  1. Name


Selections for you

  1. High-sea training taskforce in training

  2. South Sea Fleet holds beach landing drill

  3. Holi Festival celebrated in the Philippines

  4. Hailstorms affect 838,000 people

  5. Agriculture Carnival held in Beijing

  6. Pandas sent off for the cameras

  7. Peach Flower Cultural Tourism Festival

  8. Beckham plays football with young players

  9. BYD profits tumble in 2012

  10. Beijing's second oldest McDonald outlet shut

Most Popular


  1. Xi's Russia visit yields concrete results
  2. What are the fruits of Obama's Middle East visit?
  3. Home prices thwarts people's 'Chinese dream'
  4. Economic slowdown puts peaceful rise in focus
  5. Opportunities, not threats
  6. Iraq War tenth anniversary gives us revelations
  7. Richer parents, more fashionable children
  8. Hopes for Obama's trip
  9. Commentary: To pivot to Asia or peace?

What’s happening in China

1,000 dead ducks litter Sichuan river
No threat from Sichuan dead duck dumping: official

  1. Netizens touched by illustrator's 'love'
  2. Police chief in underage sex case released
  3. Solemn prayers for lost children
  4. App to locate the nearest of 8,000 public toilets
  5. Microwave boxes safe despite HK plastic warnings