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[UPDATE-Aug 24-13:00Z – Final Declaration] – BRICS Summit to Begin in South Africa


The 15th summit of the BRICS group of nations, bringing together Brazil, Russia, India, China and South Africa, will begin in Johannesburg on Tuesday Aug. 22nd.

The event, chaired by South Africa, will be held under the theme ‘BRICS and Africa: Partnership for Mutually Accelerated Growth, Sustainable Development and Inclusive Multilateralism.

The summit’s chairman, South African President Cyril Ramaphosa, has also sent invitations to over 60 heads of states and governments from Africa and developing nations from other regions of the world. The summit will continue for three days.

Day #3



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[UPDATE-Aug 24-13:00Z] BRICS Declaration on voice of Global South, drift away from dollar, UN reform

The leaders of the BRICS countries (Brazil, Russia, India, China, South Africa) have adopted the final declaration of the 15th Johannesburg-2 summit. The 94-point document is devoted mostly to economic issues and cooperation, while Ukraine is mentioned only once.

The decision to expand the group was the summit’s main outcome. Here are the key ideas of the summit’s final document.

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Global Economy Insights: This Week’s BRICS Summit, Gold-Backed Currency Goals, Market Crash Bet

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