as well as some of the, the leaders of that bricks alliance of all take the floor at an open session of the groups summit discussing the future development of the block. as well as establishing an economic system fits for a new year out of most deep whole lot. i'd say also a head on the program this our send bob way decides it's shared folding stations open across the country with people pasting pallets for the president as well. as members of parliament, the are you printing and drone to talk on the most in region is once again for to it by

russian or defense forces. so they use a v, it's the most school city business center. no casualties are reported. the fly for most go, this is our to international. i'm you don't know me with your midway global use. on the 15th annual brick summit in johannesburg, south africa is well into its 2nd day. the major geo political event has attracted world leaders, politicians. i'm scholars from across the globe. most people are a t, a just world order economic growth on sustainable development top the gatherings agenda of the little 5 respective leaders from the bricks. countries have just spoken in the past

the hour, hour and a half at the open plan, a recession in johannesburg. the address the importance really of joint efforts in developing africa, primarily on the multi pull the world going forward. the host of the event. so it's a for it because leaders are rama who is the outline. the importance of cooperation advancing the african agenda for us is a strategic priority. a south africa during its church ship of bricks. we welcome the ongoing engagement of fixed countries without pre khan in the spirit of partnership and mutual respect. bricks, nations needs to advance the interest of the global to solve yeah, a big issue as well as coming into the allies. what to discuss about new members.

there's a lot of those knocking on the door. one thing the benefits of membership to breaks that stuff brings at whether or not they're totally openly welcomed. that's going to be at discuss that who top's the q as to who comes in 1st stop is all a head over 40 potential new members are currently out the door of the block as be a line 6 to expand ortiz written june shonda looks at india, is rule in the growth as was five's largest emerging economies are all set to meet and who handles burg hosted by south african president, several drama full. so the gathering comes together with an important geo political and geo economic juncture. now this is the 1st in parson summit, which will be hosted in south africa ever since the co, with 19 percent damage. and the conflict in ukraine began. can you believe to be crucial in balancing geo political interests?

we've been the breaks proving how by keeping the focus intact on shed interest. i think this move towards most people that are deep is shaping up internationally in this significant way. breaks would be a very good medium platform on which to promote the interest of the golden salad because the large membership of the bricks, equity, because the deputy of the membership with the brakes is global. so i don't include china and russia as part of the global assault, but in terms of their political approach that they're thinking. uh, yes, they have very much of integrity to what the global soc wants to do in terms off addressing the in balance and international relations, as we see, no rick sakes to leon alternator to hobble for western blocks. and why not breaks together constitutes of 41 percent off the walls population 24 percent of

global g, d, p, and 16 percent of global trade. now remember, breaks expansion plans of joint interest from all 14 nations. and no, india is not a false to those plans. despite what some western reports have had to say. we've seen some baseless speculation that india has reservations against bricks expansion . the system not true was talks about india's position of expansion and we have clarified opposition in the past as mandated by the leaders last year. bricks, members are intentionally discussing the guiding principles, standards, criteria and procedures for the brakes, expansion process on the basis of full consultation and consensus. in fact, the indian government sources of told me that india good likely support inclusion of 3 to 4 members roughly qualify as in merging economies. now remember, expansion will remain what are the top priorities of the summit this time?

but the $1000000.00 question remains would involve your block means foster data authorization. so it has a mean audit, strong and proactive effort to see how the instruments off period expansion, how best we can position in any given relationship. one of the 1st india, it'll be trade arrangements in recent months as being the one which was announced with the way i'm given to understand that the initial shipments relating to in the home. uh it will be trade. have comments found to have successfully been completed. uh, we are soon going to bring out

a set off the standard operating procedures also do an extensive outreach to the business community for them to see how this and go to be treated. arrangements could be leverage naturally. it would be of interest to see that it could be expanded to as many countries as possible. as these economies come together. they couldn't be differences between 2 members of the block india in china, but they're all some positive signals. for example, the border talks between the 2 nations, right to head off the brick summit. remember these discussions could also have an impact on the upcoming g 20 summit, which will take phase next month in new daddy, india, china. different say that a week to find a weakness in breaks because you've gone have deep understanding of the interest of both of all countries within brakes. if the vital differences between 2 major members of brakes, one can, as we have done in the boss,

tried to outflank those differences and find a common to attend. but beyond a certain point, it will become difficult and that is of wanting also in terms of expansion. because you would be bringing in countries which would have a lot of differences between each other. you have a west test flights to write off ricks several times. i know you've seen it keeps coming back, and this time, even stronger than ever the giving up the slides to the dollar. meanwhile, in deals, priorities for the summit are quite straight. national currencies bought out through ties, economy, and expansion. this event is happening in south africa, so a lot of the emphasis is on the african continent to both the development of it and how the economic relations on political development with bricks goes going forward

with that in mind, sort of run the pose of the leader of the country at talk about how that members are deeply invested and engaged on peace and stability, or preconditions for a better and more equitable world and listening into that speech as it has been with all the leaders, all 5 leaders today, colorado. let's our team at correspond the after the venue for us crop of good to see you take us through that focus not just enough forget but at day to at this some of the breaks. what was pop of the agenda? well really top of the agenda remain. so what breaks could be rather than what is that has been stressed all throughout yesterday, answered all the ones that really when he addressed uh his uh, co leaders. as the chair of this particular session of the 15th, the thing of the bricks, countries, he really went into stressing the fact that the south africa will once to terry

africa with it. and how, how appreciative that he is, that the bricks continues to involve countries from the great tough cells, uh, solving, well, if you will, any to the discussions and allowing them to be part of, of the, of the happenings of breaks. but also take part in the breaks plus uh, family discussion is and therefore really almost in interest reduction to what it would be to be a fully fledged member. and that is something that said out i'm up with is always carried with him in another one of course was the was president the new to the silva of brazil who went on about the role of the briggs, please. when it comes to, to leave a team of human suffering. and that being something that is very close to his heart and close to he is mandate because he, you know, he,

he just opposes if you will, what is happening as a result of wisdom confrontation versus what you have in the breaks corporation. of course we also heard from, from florida being put in the read the of russia full, went on to really highlight the role that uh, briggs should be play you more actively in that is it's geo political role as saying that, you know, as a blog key is they encourage that they reject the neil colonialism that emerging from the west. he is small from vladimir woodson, the daughter that is trudy. just based on the international law, while respecting the key principles of the un johnson, including the suffering rights and respect for the rights of age, people to the own development model. our actions in ukraine dictated by one thing

to put an end to the wall that was unleashed by the west, the m. s. satellites and ukraine, against people living in the don't bass with grateful twat bricks. colleagues who are taking in effect at pumps. and at times to end this situation and achieve adjust, settlement by peaceful means that your and, you know, that really gave in a sense of a way to explanation as to some of the, the feelings of the russian federation. i had the of the conflict which has endured between themselves as well as ukraine. it was a, it was a window, if you will, into some of the, some of the mission nations that brought about this ongoing conflict. but he's trust the fact that russia, the advice of these negotiation, that's the only possible way to obtaining peace and that this was cold. by the way, this kind of conflict was close by the waste and lift the doorstep afresh,

you know, and ramadi. of course, the prime minister of india went on to really highlight some of the shed corporations that the 5 member countries have the nation. for instance, the protection of the, the wild, the big kids. these, these, he spoke about the fact that all of the members have a home grown homeopathic medication and an e. we've talked about really increasing that inventory between members and keeping it as a, as opposed to re for future generations. and this was, this was really uh, uh, to be expected, i guess, from a man of urine drum movies. uh huh. and, you know, he's, he's, he's grounding when it comes to the belief in, in, in natural hubs of the you might have expected as well. going through the sites very much colorado

r t corresponding travel let's out to bring this through all the latest from those leaders and the remarks today. okay. one other subject that was a big issue going and that was the us dollar shoulder and global trade folding on bricks eclipsing the g 7 and t economic indicator. and on the point, let me just go through this because we know the brazilian at so it's african leaders call for change the global financial institutions to reflect those developments at brazil's president, also stressed at the importance of creating a new bricks, currency as well as boosting economic cooperation, whether that happens, that's going to be a big talking point, the currency, what it means as well as the blocks development port at bank has paved away at towards a more balanced global economy. he said as well. well, local journalists, peter and doro spoke to, to ship pull. it could be man a independent economic energy. and political novelist who sees the bricks pivot

away from the dollar health nationwide pick control over their trade agreements. what would be the benefits of formalizing this grouping? and having this charts are in place in terms of everything else that comes with breaks and beyond. visions in hopes like trades. well let's, let's take it this way. there is trade happening. the bi lodge is skewed in one form or another. if you look at one member of the police nations, brazil, the trade uh they have, but a uh, i'd say, a positive balance with try enough because they export tomorrow to china. in south africa, we are importing more from china. then we are exporting to china, even though we explore to enroll materials by enlarge. so when you talk about the beneficiary sion of natural resources, the industrialization of the economies within the brakes, nations where you can have a real time manufacturing that can be in pets for that is where we are making. so

the creating athletics all funds for me breaks into an organ or if a child would by and large, assist in that regard, but also would give him pets. as to the talk, we heading off a breaks cut in c way by the appears to be a desire by a list of bricks meant by states to want to shift or move away from using the dollar as the means of fate among them. and moving over to a cut and see where they can have direct influence and also be able to i think have a line of control in terms of the comics splotches of their own respective nations . okay, let's cross slide now to our as you do inside the breaks venue and to new new wacko who's been talking to lots of news makers and on the list. how's the event progressed? i yes, i can hear thank you so very much for that. as we been listening to

breaks, member states, heads of states have been highlighting and on this going a lot of critical things here that they would like to have a resolution moving forward. and now i have am being joined in studio. bye lemuel lo locate mon d political economist and senior lecturer at the university of width waters. and here in johannesburg to discuss brits and bricks and economies moving forward. thank you so very much for joining us. we're confirming with the system. absolutely . i know you're busy. so we're glad to have you. a lot is being discussed at, at the 15th annual break segments, and i'm sure you've been following your closely. what do you expect from the current rates summit given the unprecedented global political attention? it has it, but 50 is referred to for us as well, for the call to be hosted in a more human talk to, you know, history way,

the way we're monotype product. so we're excited not to there's a shift in space. i'm not shift at the outcome and that's going to come out of a piece of furniture tends to the history of humankind. and therefore, underscore it in or the importance of somebody to of countries there that the needs for substitution. it took me as a nation and suspicion of supports from those that acquired norm, which i told her to. absolutely, and, you know, and speaking of sovereignty, bridge is looking to expand and in grow and with growth cons, many opportunities for joining potential. joining states,

40 countries are seeking to join the brakes. what makes the blog over time? and how would that change the global dynamic? many countries understand that we have to go and progress. i was given that a new way to much the doctors and one of the purposes that breaks because to have an equitable space system that acts street. and now, especially the global styles,

our content in the opportunity to coordinate the term in the forwarding and the brakes, and ask for companies, what do you have to box? i mean, what does that has to offer both from the content side to the brakes as well? as the brakes to the car, i think it was too much to offer to remember countries within 51. that's one of the new ones that were coming in. joining us there specifically for tennessee to the home. right? second to colored real much citizens. these are my 2 of the people tut from your investors of the future. the each for the exam for your call was at each the video that there was the new ways of transporting either planets in this. now

try and then you'll see was etc. so those of audio and african continent. however, what can you read? i know what that means or follow up with each member china, russia, with what advanced technologies where we can use or as us has worked with them, can not easily trip transfers and develop our self interest allies. therefore having a we were in a position where by the printer, from the previous lessons or that funds as you qualify, not to develop all the way. absolutely. and you know, and there was, have always to, to that it's a, it's a win win situation, but quite obviously we know it has not been so, and is there a difference in how west the space treat africa and the approach of non african brick members because there's a lot of pressure on space that want to drawing the brakes were there is most of

the mission that moves the content. and so the rest of the african suffering slavery at more important expedition of his office where we're standing today. we're spending in one of the countries the way that by jet declared incense so little for me that i was going to learn to at that time control to us. there's never been depression and difficult condition that's wrong was done. and therefore, been to bring back some of those resources into, in a different phone, doing the old one, something else that the condition of it has never happened. so therefore, the only thing we're asking them is for them to allow us now to determine what testing at the developed and where we can work with them. yes, we can work. but you must allow us simplicities prescribe to us in the comic system . press good to us, a governance system also as we took about 5 minutes,

allow us to do things the way we can even there's lots of, that's a hand truck you're doing a bunch on because you have to own on fossils in our box. so don't talk, i'm it change when you're on a document, there's one time that you want us to differently put your mind at. so i pretend that full and have a nice discussion about the transition. absolutely. and one or the other agenda, or one of the key purpose of the brakes is to close across the board trades by solving currencies. online member states and africa has left out for a very long time because of the policies that has been imposed on it from the western states. cooperation among african countries is at the forefront of the summit. as you have been following it, do you expect it to prove conducive to bridging the gap in it on the content? what did that just read the opportunity to remember? the agent technology comes in. i think manual font color is not around us,

not at the same level of the development, for example, as on up for the source of africans what a huge one's ability in the continent to transfer some of his notation capabilities and capacitance, political content, sidney, loud, retrospect other members, what parents of, of forgot to pull up watches for the, for the got. so that's what runs the same time. what we didn't see previously was the lack of trust because some of our countries, a truck wouldn't charge by so i mean, the worst sort of number was know the influence of the french and even differential needs be virginia beach. i'm good enough. i'll sort central and there was people there i've seen, you know, what allow us to, to them in a future. and that's what pittsburgh coming out of this. and this was actually just gonna come up for me in bugs around how we support this out of the 2015, so that the ordinary citizen of these con, member countries 10 of and unpacked it into trouble for me. absolutely. and,

you know, one of the things that was highlighted by president put in is that among the bricks, members, i trade had chrome and significantly surpassing the g 7, g, d, p. africa's trade with bricks, which is also, you know, forecasted to grow. if and when other members joined, does that illustrate a rising level of independence for africans from wisdom powers? and more specifically, you have jobs. what you need to resort each day. cuttings off exchange. remember the costs of our he's the manual for commodities that you've got to do to, to detention dollars or not the wisdom cards. so a please year where we are quite as she is for a pretty, for example, or take one of the app of the member countries who would still like to know me and use that as a piece. so of what i'm saying to you, i projected to my russian at our colleagues is that they need to accept that at

this moment, maybe trading with a one for the, for the whole plus community might not be that good idea. what are you seeing that that shouldn't tina for example, 100 members, but they've extended advertising inception to some envelope to them on you on so so that's what the discussion that are on that because i've been, i don't what we're not talking about a new police got in see, is going up, is rid of it alone. he hasn't news. i wonder if would have very strong a partner. the chinese nephews, the one that the think of trying to come in and then college. and that's on rep to get an oil change around the countries. what is keeping our own cuttings is as nations? absolutely, and you know, di dollarization is also at the top of the agenda and one of the highest topics actually closed in the not just appear. and at this time it, what does that mean for our continent? because our consummate has been stagnant economically and has not been able to sustain, is develop man, because it can not compete with the dollars. what does that mean for us?

so what, what it means is that for us, we're going to choose up much. what should i choose? no change, then your substance. so you for something is also i agree that the one becomes the cutting of cheat among 6 countries. what it does then expose us to a partner who would consider to be remember, historically recorded and see to the americans couldn't see through that europeans and turn around. therefore now all technology received the cheaper than the stand with we can buy didn't. can you push it or you can develop that? that's the position that which present that's dismembered, present to us, which is very different from what i used to know experiences and just absolutely what are the main avenues that can be pursued? you know, it cannot mclee and politically to create co isn't and cooperation between the brick members plus anyone that may possibly joined us. that could go along the way

that would take the block a little bit further than where it's at right now and bring integration. i'm licensed and it's members, this important part of the kind of trusts and people to be exchanged. so we expect for them for a number of applicants to, to be spending time that i saw a number of lessons. yeah. somebody read the chinese i would president of such a because of that does a, b is the beach went by by we have at all college up the him of us do a costs our members and on that education also and, and exchanging our knowledge. would you cation and technologies, and then to take them to come. i think it's going over come those tests and suppressing and where i'll people see the value of speaking russian language about monday, pritchard's, et cetera, that we're hands, the tasks and the development of own people loom kaylee mon, the political economy, miss dancing. electra at the university of with water send in johannesburg. thank

you so very much for joining essentially. the . yeah is you're hearing there. fascinating speakers. i'll will be having more know us the day continues with new new and also nicky are and they're from johannesburg . but for now, i'll say good by catch me again up the top. this is our to introduction the . 9 6 tiffany minimum dunbar

foolish for that steel and whistle i used to be there on the 5th floor of the night end of the city. madison fell on the financial part of the status of most of the stuff which is subject to the control the rest of your time that i didn't mean to miss johnson if. if they think that into the guy that especially company executive center at least to join over.