where it is close friends in the world, old us that don't arise ation is going hand in hand with most people are so you will just multiply well. multi party, as i mentioned previously, means having an equitable partner where trade policies are equally beneficial to them. will keep traveling multi bilateral relationship parties. and right now for most global south countries was slacking is that only one is winning, while the other one is just at a loss for high frequency. and also, well ladies was saying earlier, is this rick some blocks and a balance sheet is correct if these is more about giving prosperity to, oh, absolutely, absolutely. and that's why multi party is going to be critical moving forward and to restructure all of those institutions that has prior ties, west and entrance such an interesting time in history, a confusing time as well because we've always noted unit pilot water. so been

dollar base date with the always been the us as the leader and suddenly things are changing. oh, absolutely. and, you know, in the, in the formation of the brakes really open up floods of gates, of opportunities for developing countries. as we have been learning throughout the day. it makes it conducive for them to trade in the local currencies, which has been impossible for us. right. well, speaking of multiple r t, this is be widely seen as the platform afford a promotion of such many countries. i'm sure, and they're interested in joining the brakes. club some states. the house is club in town by today. that's a correspondent funds. ok. yes. an academic post on how it works, memberships would benefit encore for 7 decades. church, it has been a nato member states, part of the western military block. but now it wants to join another reliance that many would consider diametrically opposed turkish presidents are the one, has expressed his desires to join these bricks, groups of emerging economies,

which instead of securing western had gone many, actually seeks to promote a more just and multi polar world p initially commented about that 5 years ago, and now it seems is countries. membership bid is really gaining momentum. if the breaks leaders take us in the name of the platform would become brig st. well, ready in the g 20 with those 5 countries. i wish they would take the necessary steps to let us into the breaks a church. it insists that its neutrality is essential to tackling regional affairs . however, western towns reports have not been comfortable with uncle was desired to conduct an independent policy with partners both in the east and west. for example, when turkey had decided to buy russian weapons systems, washington did not hesitates to impose sanctions against its own allies. these are

very powerful sanctions. we hope we don't have to use them, but we can shut down the turkish economy if we need to. and while the united states was busy threatening nato's 2nd largest military power circuit, it served as a reminder of how fragile relations with the west can be with us sanctions against to the are yet more evidence of the arrogant attitude of the us towards international law. and immunization of the illegitimate unilateral and closest measures that the us has imposed for many decades all over the world. i do not think it is favorable for the reputation of the us as a participant in international negotiations, including meals with technical cooperation. the west approach may be a standalone reason why on correct is interested in a shifting policy as are to one thing. so the timing is just as important where determine to make use of this historical window of opportunity for

a country after centuries through t. and now has a chance to rise once again to the top. we go to the global system, brick sustan's, to offer opportunities relating to global economy, trade investments and financial cooperation. and perhaps a stronger alternative to its political relationships with the west destination party. and it's something we ask people in tech. yeah. if there was support there countries, membership in brook ex with many saying they would favor set to move the then have to get it, but we want to key it to be a moment. the brakes countries, it's beneficial both for trade reasons and in terms of enhancing of our choice. can this guy does it cover engine was no business is accomplished and the big sectors with the businessman, politicians, we don't see any direct impact if there's an effect on the big players. they would want to join if it's beneficial for us as well. we should join to,

to keep it experienced to care should be a member of briggs, in my opinion. so this could be good for our country, sending our currency to them and trading with them could be obviously be beneficial to on that on us to tear down the member of nato. and the kennedy member of briggs, i pointed to the speaking. and this is not gonna commit the member of nato, he's not going to hurt to tease relationship breaks because one is for security defense reasons. other one is broadly for economy. reason. this is how the countries are trying to build their foreign policies nowadays. and that this is not gonna change the costs of the one countries policies, but in the long run, they kind of have the, the relationship with the kind of countries, let's say, to choose economy and culturally can be great match which breaks nations.

because all those members right now, but he's healed russia, india, and south africa is very close to turkey, economy, and also culturally then this countries. so, tell me crates, you know, uh, i will say member for breaks. what is any day? well, in the summit, we've already had some incredible guests here in a rooftop studio. one of them we spoke to earlier, was regina cozy to remember, the executive director of research had some money banking in macroeconomics, the 1st source money. now he told us that ricks next wednesday is cooperation, given that there was so many areas to do so with huge prospects taking lessons. what he told us, i think they fundament or challenge that bridge since confronting itself is the issue of international trade. paid tanning to the bricks,

nations that has been conducted in funny and cutting seems to us that is a challenge. i think that's the key to unwind. as the brakes meeting to discuss these fundamental issues to us is fundamental fundamentals that we begin to unwind back. critical pricing between these countries is necessary. that corporation include, by law to treat 5 total financing, including my deductible financing with big country. such that if you want to try to try, say, i want to trade with the, with jeff or with china. it shouldn't be united way costs tween by using a food currency to us. that is very important. if we're not tony to rise about, assume our own independence from the shackles of the global economy, which is constructed from the us or the western tax futures quite a few good sectors. i think that the books must be the conceptual kind of communications. his vice includes i c t infrastructure like cause transport them.

logistics is i don't know, just a transport seat transports and then transport. these are very, very important, not just for the economies, but within the brakes themselves that do in novel the movement will be, for example, the easily movement of, of capital as well as boots as well. so i think energy infrastructure um transport communications. those are very, very vital sectors that we must look into. but of course, so the traditional ones like mine. i have a a, i think we cannot really begin to mention because, oh, well not that not the key driving this already come to me right now. right? now, the tension between russia and the us be collective worst, rather, not just the us driving. i think the interprets countries to you not. hi, kay? well, j one, the, all the brick summit is wrapping up. let's talk through the some of the main points to all of the day. we've had the world leaders arrive, of course,

the leaders of the book summits. and of course, all the people who have been invited and the people who want to during breaks these v i p delegation security is maximum, is 50 as to how to inspect and make sure all of these very important people stay safe. they've addressed the business form which we were watching live earlier. all 5 of the world need is vladimir putin, via video link, of course, on teaching, paying kind of representatives, read his statement, which was very interesting to hit. how positive and optimistic that statements, what, when it comes to the developments of bricks, how well bricks has done thus far, since its creation know so long ago. and now those leaders will be going to the retreats to relax and to begin the discussions. things are really going to start hating out tomorrow, and we'll have plenty more guess. we'll have some great guests in the studio as well, highway, literally and you know that they mazing thing is how everyone that came is actually

unlined and with the brakes agendas in what the brick stands for. and that just let you know that people just mentally have also shifted. it's not just a political thing, it's a mental thing as well. i think kids with such a wonderful thing to hear. so many people say, you know, this is time to offer corresponds to africa to have the chance to develop, to, to come together. and so that it was a really great positive step towards you know, if we are ever to have a peaceful world which most of collaborative really just stumbled. oh, absolutely. and you know, president robert pose uh he pushed that point home where he said, applicant is ready to take independence and lead their own a, a doing their own self and self determination. where ever that may be anything indicating they've been at a better place than johannesburg. indeed,

and it's been lovely to be with you as well all the way through. now tony's comments, when is the long? when's how he prays breaks as a powerful current that will change the global landscape. let's listen to what he had to say. as a nation, chinese philosopher observes change is the nature of the universe. the collective rise of emerging markets and developing countries represented by brooks, is fundamentally changing the global landscape. know mountains, coast off the surgeon flow off on my tv, what type of resistance there may be, but it's a positive and stable for us for good. we'll continue to grow expanded brooks plus model, actively advanced membership expansion, defects, solidarity and the cooperation with other emerging markets and developing countries . promote global multiple r a t and equate to democracy international relations and help make the international old more just and equitable

when it's close live to one of our correspondence. now now the video come gay. thank you so much for joining guys at the various lovely to see, you know, which one is representative as we just had spoke about the changes, bricks, nations could accomplish working together. how does law about his remarks space well, those tend to move from the chinese communist when, when talking facts. those, that speech has those statements that came out of the fish and quite remarkable. and that just behind me, this piece of to had his break. it was complete silence when that session was taking place. i can only imagine how the media's thing. so i was listening to those features attentively. and i mean, the, the minister also added that this, i'm trying to remains commit to just to 14, as a nation, subsist add to creating a few. so with countries of what's in the global assault. and that's, i think one point to that was very important that he made was that he said that in

6 nations and at china, and they want to be involved with people. this generation engineers has to come, can be peacefully seen and they do not want a cold war. and i mean, i can only, it's, i'm close to the last part of we, i see that was very important in what you said. you see that many emerging market debt becomes stronger after shaking off the your off community. addison that is a very strong and very bold statement. is that to diminish death made to the on behalf of course the of the president is using think it's just getting back to some of the points that we were making. and the, and the keys. the point of that i alluded to about to do 7 countries that are competing with the brakes nation countries, the menu off the b does today. in fact, this evening from decision made, it gets that to rich nations that have support. do you see the nations in terms of the economy roles that, that alone tells you that to be absolutely no competition and that's brief nations

office and doing things at their own pace and their own weight. and the way that actually feeds benefits free explanations. and i guess despite the bullets and it's even global markets and the global economy, we've also heard from the prime minister of india and saying that to admit everything that is happening around the world, india remains and continues to be the fastest growing economy as you can only imagine been watching the progress of collaborations that add to the kinds of tools that are happening within those weeks. patients can do to other countries in india continues to perform next to the prime minister. most of the time in the last 10 years, the bricks business council has played a vital role in enhancing economic co corporation is gone during the economic crisis breaks, emerged like a ray of hope for the global economy. and now a mid depend demik tensions and disputes. we deal with economic challenges and the

role of bricks is important, despite volatility in the global economy. india is the worlds fastest growing major economy. very soon, india will become a 5 trillion dollar economy. there's absolutely no doubt to move that in the coming really is india will be the growth engine as well. the reason for this is that india has converted crisis and difficulties into opportunities for economic improvement. we're laying the foundation for a new future for india out of my absolute see how beautiful is that meeting a foundation for other nations as well? you can only imagine how excited it's also these other countries that to off looking to joins the brakes. nations of all, at the moment i think hearing those beautiful speeches, and guess what? this then tells you, maybe i'm reading it the wrong way. this tells you that the rich countries want to continue to exchange the global economy and beat the stall. i'm like, what a lot of people have been saying about losing it's um,

a spotlight or rather it's the goal of golden era, but what we always seem to be getting from this is that breaks continues to stay on his pause and just doing things to benefit as many of the positions and those friends of the conditions as well. and the none of the many things that i felt the same way, those pages were filled with so much optimism, especially from the, the chinese i representative. now, let's go to uh, other corresponding corolla, but let's, let's focus through some of the main points of, we'll say, of the world leaders. as i said, that the summit. well i felt that vladimir puts in no, really, even though he was joining us by video link, i've felt that's even the audience sells his presence. and he spoke of a man of intent that while what you know, what he says,

a legal sanctions that have been really brought upon by the west. you need. 9 to really without even thinking any kind of support or on the world has really come to cause not only not only developing nations, but some of the most forest nations of the world. the new finding, those particularly more new ones share on the african content in front of me of which i spoke about the fact that these sanctions have really po, lead to sky rocketing prices of basic food and agricultural stuff that it's, it's the west ultimately, the cost as the chaos and they continue to profit from the chaos. speaking about the fact that the green deal that was agreed last year, facilitated by to kia as well as the united nations, really went to serve as the interest of those that cost the chaos in the 1st place . but this, this, this funds by the way, that is really stands against the rules based on that,

that has been agreed upon that they cannot unilaterally place sanctions on countries. and then just the move on and let others pay the price. and also that was a much, much more new us moment of web bricks wants to be where cooperation could lead these countries. and where really, where, where cooperation can, can you, much as the, when out of the day, not punishment as it has been in the case of the way he has letting me a, put him in his own words to you and then you get, given the, what do you and your, the international economic situation is being seriously affected by the illegitimate sanctions and the legal, freezing of assets of sovereign states. this essentially amounts to we trampling upon all the basic rules of free trade and comic license resource shortage was increased in a quality and rising unemployment and our direct consequences. prices on fluid and

basic agricultural products have skyrocketed in yet, and it is the most vulnerable poorest countries that are hit, the hardest and the restaurant is and will remain a responsible supplier of food to africa. russian green exports to africa amounted to 11500000 tons in 2022. and that's because despite the unlawful sanction is imposed on us seriously complicated logistics and hinder the export, the russian food product this and the inputs. and really speaking about the fact that russia and the brakes putting us already to seek an old tentative, should that be barry is pleased to be for them by any of the western countries that this hedge of money that they have had. and enjoyed, over the last centuries is no longer going to stop developing nations from seeking and covering the own development path. and on their own terms, the project, the,

during the rise. they should also go to a bit of applause from the audience because it is something that the brakes nations have really intensified, particularly this, the largely on, on the request of the new development. i think that's the development bank of the rich country set up here in 2015 and then continues to equally the importance of the dollar, particularly among the 5 brakes a nation. and that is, is something that, you know, the, the united states for instance, has particularly used over the years as a, or the way of punishing countries that they do not agree with. and that is something that has led a lot of chaos in terms of what you find in the economies of those that be deemed to be disagreeable to their rules and how they must do things. but of course, the host of the day president said, all i'm a pause as south africa is the chair of the 15th briggs summit. really also went

into the task about speaking about how the global finding show or the must be reformed in favor, or at least to a higher representation of developing countries that the must be seen and the needs must be served by this. and $11.00 thing that came to mind when i had present settled on the plus of course, was that it caused small for developing nations to actually get a loan with the i may have for the world bank, then it would be for developed in the ations and that leaves them with an even higher dead burden in the repayment of those loans. anyone takes a long time for developing countries to access the same loan. and you know, while the northern end is, if you will have an average of some 40 days between that request and being grunted the fed loan is developing nations in the case of let me of for instance, i mean, they had to weighed some 180 base for the i m f to come to

terms with agreeing, amazing, the 4000000000 dollar loan to that country. and those are the kinds of things that continue to cost the global cells. and let's hear from president settled. i'm a pause. i am self on the issue really prior a fundamentally full of the global financial institutions so that they can be more edge, child and responsive to the challenges facing developing economies. in this respect, the new development band established by bricks, countries in 2015, is leading the way since it's formation, it has demonstrated its ability to mobilize resources for infrastructure and sustainable development in emerging economies. without

conditionality is therefore part on the business community to join hands with us to identify solutions to these and many of the challenges affecting our respective economies. the president said over, i'm a pause. i've ever president of south africa, really speaking to a sense that there is look only up tourism in b a but there is a lot of promise when one thinks about the brakes club, he's speaks about the fact that it's just 5 countries, but together they make a quartet of was population and account for one 5th of global trade. now you just think about that is just 5 countries and on the door we have over 20 countries, which have been knocking, which have been trying to get into this club. and the, depending on the number of countries that the briggs lead us ultimately agree on for expansion, or if the if expansion at all, one thing for sure,

the briggs club cannot be ignored and it might just be the only club was joining in town. and they just said it right, that cover, although it seemed donate club in town, it seems that people want to be a pause for now correspondence, collaborative toddler, and know who your con guy. many thanks. we spoke to chris hart, the executive chairman of impact, a group of companies who says that the brits bank is a powerful institution and with economy economic jobs. as his backers, it is capable of real change. starting point is that you've gotten a number of very, very positive economies behind it, that's on the rush result. and india. these are becoming the biggest economies on underneath the taking the t. c has a twin. and so these be, so to me,

a lot of economic muscle behind it and behind that is a number of other countries at all. so it's 2 trillion dollars plus economies such as saudi arabia that also wants to join the, the brakes, fixed bank. so it becomes a very powerful and significant institution was quite a big street of beckett's not think that as important as, as, as, as fault a broad display, the best bet, cuz i speak to that think and i think the actual foundation of the, to the bricks development bank is, is that and then i think we're getting to it as it is, go back. but i think that also considering local currency lending as well in terms of trade funds. and it also helps ethic to lower the cost and he's not on the lower the cost of doing trade, but also like ease the ability to do tribes and that, that improves the capacity of the global economy as

a whole to actually grow. so it's potentially be because of the important cold in the global financial system. it also takes it away from a specific few key if it's a power group in the, in the global economy and helps to multi electrolyze the world. we're all those and have, you know, you look mostly focused on that conversation. oh so much has been said and so much has been done and it's any day. one of the some i've got 2 more days off to this, then we're going to be in our rooftop studio, taking you through all the very latest updates sol. the twists and turns out will be speaking to plenty more guests as well to get the take on what is the breaks expansion multiple hours they want. it all means for now. i'm the q, aaron, and i'm the new waco. we've actually the, the welcome back to our headquarters here in moscow moneys pieces. scott,

i'm gonna have a quick look at some of the stories from around the world. we're seeing that forces have destroyed the us, supplied high speed, military boats, transporting ukrainian landing troops in the black sea east, the snake island. so it's, it's released by the russian them of the shows the moments the will out see for minutes. your boat is being, as you can see, the high speed craft maneuvering and attempting to evade the finds. the jets fire stick out and is a bulky outcrop less than a square. columbus is size but holds geostrategic significance for the black sea. another use, the african union has suspended media from the continental block over the crew in the country as something each, as a new met your thoughts is on the west, african eco was alliance. we're unable to negotiate a wealth of the crisis in line with the relevant a you instruments console decided to immediately suspend the participation of the republic of news. yeah, from all the activities of the a you and it's oregon's ad institutions until the effective restoration of

constitutional order in the country. further kasicoda for an old member states of the a u. and the international community, including bilateral and multilateral partners, at large to reject the unconstitutional change of government and to refrain from any action largely to grads intimacy to the legal regime in yeah, the african judy on piece of security council allows the suspension in the community on tuesday and told its members to avoid any accident, but my supports the closed off my for me sir. this after many failed attempts by the regional block, of course, to negotiate the return of power to all the president mohammed assume the a you cause also said you'd have note that the decision made by a cause to activate a 10 by force and that it was assessing the economy, social and security implications of the season. but there has been a growing participation of the brand by i paused to deploy its forces in the share,

identifying the decision of the economic community, a west african states to intervene militarily in the chair. right. following this decision, molly and booking a fast, so also warned it's such a mil to intervention in new jersey is to declare war against them mailed through an intervention and to share what means spreading instability to many african countries. today it is under the guise of democracy and by opposing different heads of states that the one to divide us. imagine if equal us wages were in each year, there will be no more equal us. that is the objective of some countries to break because they do not one small african countries to unites president presume, was supposed in a co last month and has since been held by someone just of course says the pool is worse than the threshold. a task 5 is allow me militants in the region, ask west commissioner for political a fast seas and security for tallapoosa on monday. totes on my gerry and so these

on statement that i tax could expand if legitimate or parties are not immediately reinstated. research leaders allows a plan to run and push power within 3 years for airports, refused and describes the plan as acceptable as a distraction by the military to remain in power for longer. cmc, you'll be using r t a, which i might syria. we will be back with more about special coverage of the highly anticipated break submits, which kicks off in johannesburg. today's tuesday and just hoffman, our money scouts and things pretty much the i'm very happy to be joins though by on bus. it will not post senior political advisor to be to africa is a piece of mission to ukraine and russia. me, thanks the welcome.