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tv   News  RT  July 25, 2023 8:00pm-8:31pm EDT

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woods, this was within that brook and the boots calibration, but it is also important for the african continent to form, you know, economy relations. it was a, it was with day with russia. and because it's only through collaboration that you can grow as, as countries and as a country. and so i believe very much. so that's, this is come at the right time for this on these to happen. we russia, africa, somebody together as a heads of state to entrepreneurs of the academics to promote relations between the alpha components and as on russia. a key goal of the form is to facilitate more solutions based approaches to food shortages. nigeria has a major stake in the discussion and the countries vice president will look to address the west african states food inflation, which is at its highest level in and decade. let's discuss it further now with all gas profess, they can, if a coach of the u. s like a business possible stomach group. many thanks for joining us on the present. it's very good to see the same thing. so we have this summit coming up later this week
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in russia. thank you for having me. you're welcome. and what i see is, do you think the 9 syrian delegation intends to raise at the summit? well, i'm, we're measuring good team and we'll, we'll just leave football. includes all working relationship went with russia. but it has to be one that use based on them. on reality, because already it will show housing, food fluid, in africa, in terms of south africa, being a member of the brakes coming to to a minimal effort drunk countries that actually are applying to john. and i'm interested in joining, but i think and brochure needs to also be aware that the after guy is a beautiful bride at the moment, wrote u. k. the u chain uh dropped time us, they'll actively quote to the office. so right now i'm now you represent a very unique opportunity to not just because is by far the biggest pollution in
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africa to job a huge demand. huge um the economic and the biggest at columbia. and it's like has frontier but simple. don't to pronounce. you being offered us 42000000. that message as confidential. 19 meet on the union in the little african. betsy has watched natural resources the most in doubt in africa in terms of meaning. ready less so even though natural resources, oil and gas, i'm all i think your show has a lot of mileage keeping the relationship with my dear. because you to be as and think gets weird to the whole of west off or dial 415 new young people. and as well as also the, have a really strong cool that grocer. i've done business with them and do that before, but it wasn't a good one to write to him about. so i think this 253 student business dot golf 2, but he'd be doing dollars from 90. i live up to this was too late in the day for
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one of the top to for to use. i think it could be good for us to take that board by deform and do a government development piece. and this time cleared our talk. does, does one rachel, why did really missed cleared up because of the public sentiment that these are the 1st to the rule that the russian companies played in the corner saw the free meal. and they tend to blame the level of industrialization to the success even more reporting to the project. and nothing came out of it. and i know that the p just president has gone into russia to try and many things i've been in the bridge rush out to come in and know something is up. and we also have a lot in columbus, georgia we have or you, they have more you, we have gas, we are the reaches resemble gas in africa, and we want to do business. so there are a lot to downstream. so there be to pinnacle industry, oil feels a gas refrigerants, f l n g, back to do floating l n g double sauce top they can do with them. heavy industrial
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outboard variables and there are a meetings on factory. we can do that even clear. the ambitious new pre approval go brush. i can be very helpful to that. i sold it slowly, the infrastructure projects that rush i can get to terms with and they will be, you know, did, did, they didn't get the tone in africa? well, they can't do so i'm just sorry, i didn't know that my did. i do for many other functions because we how, how most profitable after gas outside africa i made use. and they already contributed $26000000000.00 every year to their columbia actually lives in a lot that they can do to make sure that the russia have, they grew. i want to come on these vice versa, you know, kind of export to both countries. they can exploit also got an export to them and then we have them. they can also do colors to swap,
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which would be very use me boil matter is which we have done which china, which will easily reduce the pressure that we're having from dollars. then the dollar, he's getting the columbia into says that's the price for it to. so why beyond, you know, there's a lot more that we can do which rush hour size, very strong, get columbia right terms of the room, but it's very strong. so i think the beauty of a lot, no, i think i'm looking the shock. think i, i to, i'm through over the big trouble for 9 during the russia that june, both commercial something association or something. i think that's one that i looked at. i think i'm just picking them up and they just don't. booster showed up . i'm interested. i'm not pushing that on relationship. but josh, i really need to get a big the bull by the honda. so products, so won't be a weakness either. i'd be make it to be measured for russia in africa. and like i say i so many countries have the sun set on africa right now,
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trying to has been investing in the confidence for many years now with big rush. it does have it strong phones with the african continental. this. the summit like this, we do expects any, any deals to be made within mutually beneficial economic corporations. what do you expect to be raised? of the, um i'm the be, they may want to talk about the show men machine. what are the and it positional careers where i mean the, the membership base because this is one thing that i mean popping up like them. they want to have something about it. then of course, secondly, i think china should do what you cast on. you guys left, you an incomplete of 59. do you have some other countries, you know, free them down for you, it'll have special concessions. and then they can get to know that they're not have preferences. that means that they come in both the duty free and the free entered
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into your bill for those 2 of those have to meet international standards. but you know, that kind of who will clean up a book to columbus to ensure that we come in college for the flaw, say of multiple groups of sub you start going to to the content that you're going to use this they're going forward then, did i do some concession, i mean is the targeted infrastructure because in the end of the be, the deb situation is so strong blue that used to business. but in the office on concession i loves to go to just to get into the beach infrastructure updates and begin to move, move from there. and then of course, trying to it goes on outside of doing the same time as begins. so many bills on the table, so these drop time, but i do rush hour to do that, then, so zillow doesn't zillow, it's not feet free. that is not that correct. so the doctor has to be understood. how does that? but that's, of course, is that as we need to add value to our products,
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perfect guys tired of this, what are gender of making most a commodity producer and then single raw materials to utilize the process. we're fed up with that to the team. we want the mass dot to the bottom. no, with false on here, posted butte, our to the past. you know, that was out of some of our products. and i explained to me why we russia, well, in prussia, help us do cool the factors that school bar stations weren't acosta policies sorry to interrupt a lot of african countries are increasingly so an interest in part partnering with the east west point. jerry is position on this and sort of where do you mean by the use with china? oh no. that is what i did. everybody wants to go to china because of what they but whenever you land the china, the price i salute, act, you must make money. the before i zillow, turn the has the effect,
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and i get. so in the same, easily presume additional products or whatever it is, what do you, good day you are coming back to make money. so i think i'm 21 dash visible to the extent and that, but they've been, they've worked very hard on this and that's why they are trucking, the level of the traffic that seems going to change. because there are some aspect of chinese business that people not get too comfortable with. so you know, when they give loans and they ask that we follow for. so being the money to process it in the loan, which means that they can actually pound the facility. and they have, they know, as i've done nothing because it was, i'm be got some punch, some of the countries where i'd be seized, etc, port add port across the house, defaulted on the loan. so that the, when i get you very, very nimble something i know that the, and i do that 2 years ago assembly where i agree that this awesome to stop by people and to revolve southern immunity in terms of the contract last year. so they
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did a very, very angry about that and to people i get to a number because that might be getting into the suspicious. i didn't think about the time the long term intent, but i don't think brush eyes key and then the candle jewel politics is rochelle wants to do business and i think it was actually brought to grow. stafford guides in 2000 know 5 was trying to see loop with this business so that we will give you a fair price for the money to ask. so they begun to think booked solid meant arose from africa. i'm good, be a fair price. and then we'd be going to do, we're economies began to grow. so i think it's in the rush on these 2 new deal, the idea of comics working with africa. and you won't, you will find it very interesting because the big is blocked right. miles is going to be done, but relation to go for 54 countries and i'm throwing that and you know, what do happen by 2050 will become the no they didn't put that like back you know
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the convicted legit spectrum. i mean, that's the new york so, so you know, they have to pick you more room that 10 for 5 for dump it to remind you to make sure that visit principal actually sleeping guides and if you weeks so you will be in the post up for the rest of so i think that for sure, i just received it back to right on the nice many thanks for joining us. it's been great to get your insights into the mount. the professor can is a coach of the you off of their business task for summit. great, many thanks. thank you very much. i as well as the brakes countries explode the trend of the dollar wise a. so the possibility of a new coleman currency for the blocks numbers remains always put forward into the south african foreign minister. the plan could be off a discussion of the groups summit in johannesburg. the next month i'll see, correspond to interior katrinka how small this year. when the grand gathering of the leaders of breaks nations is happening in africa, i'm johannesburg,
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to be precise. rumors have it that the group could really be ready to surprise the world with something big, possibly as big as making the very 1st steps towards introducing a brand new common currency for the family. just think of the size of the family for a moment. brazil, russia, in the china and south africa. don't forget around 40 nations that have shown the desire to join the block. not so fast, even if johannesburg becomes the starting point for the new break currency, that's one of the ideas pitched for the name by journalist. by the way, you have to realize that the process is very long and challenging. there are quite a few things that could potentially go wrong, natural, it's politics and in the ever changing world. geography of the brakes family may actually be a disadvantage just as much as it is a benefit. but regardless of how promising and how realistic the plans for the new
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currency are such movements within the block or a symptom, some of the biggest nations on this planet don't want to buy and sell using the us dollar. even without the common currency. the use of the national currencies in frayed with then the brakes group has been picking up pace as a bricks family. we have discussed along with a new development bank, the potential use of alternative currencies to the current internationally traded currencies. i'm looking at how we can strengthen the, almost the brakes development bank and also ensure we do not become victims of sanctions that have secondary effects on countries that have no involvement and issues that have led to those unilateral sanctions. you may say that brazil, for instance, isn't really under the threat of sanctions. oh, you never know. but anyway, just have a listen to what their president recently said about the greenback. every night asked myself why all the countries have to be the trade on the dollar. why can we
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trade down wrong occurrences? who was that? decided that the dollar was the car itself to the disappearance of the gold standard dealer. ization is not a myth. it's real and the brakes countries are pioneers in it. while trying to in brazil, only reached a deal to trade in their own currencies. in spring this year, a vast majority of trade cash flow between russia and china, for example, is in you want, and that's what this serves as a great example for the rest of the world. other smaller nations that want you to business with the states of the break family are following suit earlier this month . for example, the not an error ma'am, or it's agreed to use local currencies for cross border transactions with india. and these are only a few examples of such star ditching. so that friend is more than obvious and impossible to deny. the intrigue is how far and how quickly though, the brakes family members are prepared to go in and now seeing real game changing
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initiatives like the new common currency. so if a bricks, currency, actually a feasible idea, well we all say positive expose to weigh in with their opinions and analysis briggs now of the box creating a single currency that don't, don't arise the entire information into the action was this initiative that we have among the brakes, it's going to make it easier between companies to be able to today at among each other without using an interaction concierge that i've gotten and see one of the dollar interactions that have been limited to some degree under the globalization by those boxes. the single currency back on the route of actions were happening to the tune of 88 percent by the us dollar. and the for the us government using function sides of a 1000000 of international relations has to be found for
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a station for many countries. why do you think it's important that the projected brits currency be based in gold rather than a different monetary unit? i think, you know, there is a general consensus that the us has abused the money printer. it's major advantage is being its ability to print as many dollars as we shoes out of see that . and i think the breaks community of nations is saying to itself, look, let's get that. so most stable environment.

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