make way or politically way, and now they've come together in this blog cuz they had a lot of tensions following the, the full out over the to wrong day. ok to run nuclear deal, of course, which at the seller pause and know that to come to get a they've come together in this blog. absolutely. you know, as we all have been learning since the formation of the brick block and more importantly, piece past 3 days. the purpose and the guiding principle for the breakfast to broker piece in development and nothing speaks value. and then those 3 countries being a part of the expanded family is here as well. is another interesting addition to the blog? fastest growing economy in africa? yeah. my rock a horn of africa. yes. and it's also recovering from that to you. a complex yes. as well. as that has a lot of yeah, um, you know, you feel there plays a very, very critical as to, to, to do a political positioning in the horn of africa, especially when it comes to countering terrace

a terrorism. and it is also the gateway to other african countries because it is home to the after. thank you. so for anybody who wants to really have, you know, an interest into africa, all they have to do is build a relationship at close relationship with the field. and more importantly, it opens up a flag dates of economic opportunities for training, but for trading, both for ethiopia and brick members, and those that have expressed interest of joining us. it is only a few hours since it was announced that these 6 new members would be joining the block as of january 2024. and already we're hearing about other potential members. we had a guest in the studio area from tech yet, and he said that took, it was very keen to join the blog very near future. i think, you know, the bricks offer something that has not been available to many global sales. a

countries more and more specifically, equity inclusivity, a lot of these countries they've been allow to come to some, it's participate in segments, but they've voices were suppressed. and this is a block that phase, know your friendship as well as your country's interest is also our interest. and we will respect that and there's no political block that offers that. but here goes break, then that's why they all are here today. and we've been listening to them and they all, i have express their, their appreciation for the existence of the brand i expect, and a lot of optimism as well. and more than a few times we've heard the names, nelson mandela, 12 to the indian opponents and are under moody. he mentioned mahatma gandhi, almost in a sense that you know, the words get these teeth, it goes stall. so it is something that's working together with griggs might continue. yes, absolutely. for the continental, you know, this is a very big deal because as we know, the continent is

a victim of neo colonial and, and we've seen that weather is north, south, east to west of central africa. and they're just ready to get away from being, you know, suppressed in their, in their economies being held stagnant. one of the biggest dream then mindiola had for africa, is self determination. and not nothing speaks value. then each and every country on this continent $55.00 to be exact, to be proud of the identity without being told what to do and how to do it. and when to do it indeed. and now here we are 2023, and it's still the minority making choices for the majority. and now africa is a confidence once it's chance to have its own se, until correct? yes, it's 1200000000 people. you know that that's not a small number, economically and politically. and more importantly,

you have power houses like south africa, ethiopia, egypt, and then on the west you have gone to a in nigeria and others who really move the continent. so the continent is thought title to be dictated to as to how to move when to move or what kind of relationships to build and why they should build and why they should and build. and that is why the brick block was so attractive. and that's why everybody flocked to it and we seen 40 showed interest $22.00 submitted a formal application, 6 have been accepted into that and and in the future is just really grand for the break will. even with these 6 new members, let's just consider how enormous this will be in terms of g d, p, and in terms of well, population. absolutely. now the, the g d p just increase. it's now 37 percent of the world's d. d. p. 42 percent of the world population. absolutely incredible. it is

incredible if it continues to grow. yes, that's a lot of the same page. yes. that, that is a lot of countries that stand to benefit and build the economies and sustain it. because one of the biggest left, especially for the global south, is all of this promise of we will help you build your economy. we will help you build into sectors and industries and then nothing comes to fruition. so the economies are not suspend the just doing to even worse because they borrowing expensive debts and then there's no way to pay it back. so yeah, it's not working the way it is. so they need to change after that. and a lot of countries are hoping that this has been changed is going to be the best route for though this is the change because now they have the option to be able to talk to the neighbor and see how they could utilize the brits platform to trade with the local currencies, as it stands, as well as me and not to the privilege staying with you over the past 3 days to

bring you all that's been happening at the summit. we've been hit and john is begging this incredible studio. sometimes it's been a little bit hard, but we haven't moved to till because of look at the view is absolutely spectacular . and the brakes plus style obsession has it wrapped top now today with leaders and representative speaking of cooperation multiple our t as the current members announced the blocks expansion of clothes as we're just saying. during the days i was led to the country. so the so called goals and 1000000000 are doing everything in order to preserve the previous uni paula, hold order. they are comfortable with that. in fact, it's the same colonialism in a new package. got golf, the representation and voices of the developing countries in global governance should be increased. it's also important to uphold true multilateralism. but if you know what am i doing to open a new cooperation agenda between brazil and the graphs, go back to our universal worth relocation and rebuild our historical try with the

developing countries that prosperity. i only know when it is shared that's only get the principal. i believe that bricks can work together with others to help ensure progressing reforms counter terrorism, food and health, secure, think energy, security and building resilience supply chains. and saw that we have with that we use to describe friendship, cooperation and recall that will do well born to is a purchase based on the understanding that our success, our prosperity and what would be depends on the success prosperity and the well being of this separate grouping finally announces long awaited expansion plans today. speculation has surrounded the topic for months with

23 states have applied to the block to become full members. the south african president sit around the powers that publicly revealed that these 6 countries that will enjoy the full membership starting from january next year. cuz there are 5 bricks can choose. we have reached agreement on the guiding principles, standards, criteria and procedures of the bricks, expansion process. we have decided to invite the ident, teen republic, the outer up republic of egypt, the federal democratic republic of if your po, the is law, make republic of theatre on the kingdom of saudi arabia and the united arab emirates to become full members of briggs as the membership

will take effect from the 1st of jenna. what a 2020 full lassie. a day 3 of rick is ross. i got less not close to a correspondence. the icon gave some old details for the good to see some very big developments for the breaks. great, take us through some of the main points covered please will absolutely nicky. very big developments. i must say the breaks the groups of nations recently made those announcements of basically giving us the key so behind the decisions that have been taken from the 15th to the summit. this week at the top of those decision is of course the expansion of the group and that decision does not come without a decreases. and one of those patients in particular is on the action of bricks, which stands coldly firstly to is often the initial rather the old bricks of countries, which is the result, russia, india, china add to so that we got a lot of people saying that it is only face to assume that's of the name will

change most something will be done to the name. but then we had a few need is a clarifying. those room is in those speaking nation, saying that it's mutually as the people need is they have decided to keep the name and it will not be altered. and that goes to show the demonstration goes to. so in demonstrates if you continue it cheap off of the policies and off the emission. awesome because the, the groups, the group. but the monumental change has also been voted by lots also. briggs nation indeed is with all of them seeing that. of course, it is important to, for the world to see that with the addition of these big times have changed. and the institution must undergo transformation and of some other d. does have really been congratulating and wishing these new members that had the best and those you members of course on egypt. all you, ron and i just seen the saudi arabia, the u. a. e and your yeah. and must say lost. it has come out of the office at one

decision, of course, on the expedition quickly have a look and hear what the prism puts and have to say about that. in the see the president literally just silver know just in points the most important for all of us among which i was single have the issues to be supplemented the single currency . this is a difficult issue, spots we will move forward in solving these problems. the 2nd one concerns the organization of the payment between not countries in the economic field. i would like to congratulate on new members who will all be working together next year. i want to assure a colleagues that we will continue to expand the influence of breaks in the well now the important to note that we need to take notes off is the fact that to the meet the lead is to say that to the corporate, he's open to more countries joining going forward and in the future. this is of course, as often the 23 countries officially apply that to join the group. and nicole and

a number of those 23 was also stated to have shown interest, but unofficially, and i guess they did not to reach out to the members of the group or the principles of the bricks, nation and of this all of course, highlighting the fact that all these new countries of a big, a powerful opiate plus members that just goes to show how powerful the brakes nation is and how attractive it is to a lot of people within the world. and i think also with no thing, that saves and rob ups almost hoffer, awful members, had initially showed interest. and this really shows how powerful and how much of a power house breaks is. and we also heard a indian prime minister more di, what he's remarks on exactly those kinds of changes and to kind of their budgeting that we're just about to see this quickly evidence of to that the senses have made on confident. but together with these countries, we will infuse new momentum, a new energy, and throughout calibration, india has had deep historic relations with all of these countries,

with the health of bricks, new dimensions will also be added to our fall actual co operation. so the other countries that have expressed a desire to join breaks in the will contribute towards building a consensus for them to be a positive breakfast pot in the countries. the expansion and modernization of bricks is a message that whole institution should mold themselves according to the changing times. positive positive outcomes coming out of this summit, particularly from today's announcement to end. and those decisions would lead as well. so adding that to this addition to the group only makes the group stronger and many countries around the globe. we also have confidence one to, to join the group, and also looking forward to a multi potable, especially as the group is also a major mark. so i need the tackling of reforming global financial system and i think that also goes back into the woods that picked them up also shed a few days ago about how the new development bag has read the page. it crucial an

important role as an alternative to, to global financial institutions, which i would assume are those if i, if i am, if or the will bank of, but really important out of these decisions was also the corporation in partnerships with, in the african continent as the theme off with this a week, a lot of this year's summit is a bricks and africa on those and re detached on the independence of the african continent with all being controlled by wisdom countries. and i guess that question becomes very important when you take a closer look at just how the effort and continue to relies on the rest of the vote for about 80 percent of trades and comments. and a lot of lead is all singing the same choosing. that's the only way out of being controlled by wisdom, countries and wisdom policies that is for the essence and continued to, to be a stable and developed in terms of the economies. and also, they also said that to be the abilities for the african continent to become

a strong, powerful, and in the paint adjustment to your political force. it is a for it to work on its own internal commission and economy. stability. the group is also reached an agreement on guiding principles standards and a few criterias and procedures for the block. it's also saying that this particular expansion and these important the steps in bold decisions that have been taken will really push and let these other world leaders and will force to see the power within the brakes group. and that also speaks as to how recent situation and opinions lead to people saying that to the brakes was established to be a rivals towards the g 7 nation and o. all of these brief nations he does have made that clear, saying that to that is not true. bricks, nations a working the own pause and doing what really is best for the countries about the objective of course. and as much as these countries that have joined

a different countries, different cultures, different policies, and different missions, of course, by the present food at the football office will really made it clear that it is different. everything is changing back to the goal. and the mission is the same, the type of this and to the present. minnesota to all 2 different experiments nevertheless demonstrates the contrary o dof us to strengthen defied for a new international or that kind of accommodates pluralism, intensive, geography, economics and politics. in the 21st century, that is a was of transition rich office costs as those of creative solutions on the challenges that we face. the relevance of bricks is confirmed by the cro in the interest of all the countries to join our group. now that should it be a bridge is going up to such as 7 percent of the global defeat in terms of purchasing power and 48 percent in terms of the world's population. of

the really a historical type in movement force of africa for the goals, for the initial or rather the old, the breaks nations. as all of this takes part to as well that people also send a brief fitting is with in the lock. what do you also get to from this weekend, from the segments and everything else that has taken place is how it would be breaks, nations of false cementing their own case. indeed you open, it's going to be kind of big mosquito, rather space with in the world to really rates up to speak to and decisions that took place to just be highly and in the other rooms, in this of sense and convention center back to you and you can do that every i thank you so much for bringing us there is highlighted, really appreciate you be in the sun as far as and bringing us all those key points for now. and the a ton gate onto correspond to the thank you. now the chinese presidents, agent paying, he outlines the importance of co operation and like sponsor within the brakes

framework. let's remind ourselves of what he had to say. we reached broad consensus adult to the declaration and the chief fruitful outcomes. leaders of the 5 countries unanimously agreed to invite saudi arabia, egypt, united arab emirates, argentina, they're all underneath the opiates of the brick family is official members. this membership expands and it's a story. it shows the determination of bricks, countries for unity and co operation with more developing countries. talking about the expansion of brands. we know that i think the of each of the 6 countries this year, the common goal promote in common development. and for example, if you look at the newly added country around and we see that since the issue of nuclear, there has been some hospitality between the united states and iran. and if you look at the kind of foreign policy of the after divide, it is also within the contract that a to maintain a non alignment position and directly you retain it by the fact that the us tend to

dictate, are scrutinized, is relationship with china or russia, so we believe the reason why china advocate for the expression of briggs is that is based on the wish of less than this induced on wish, of promoting it. advancing progress, a progressive changes in the global governance system and promote promoting come and prosperity promoting peace. instability breaks will definitely play a very important role and maintaining to multilateralism take, for example, the new development bank as an example, which is the international one of the international issues and within the briggs structure of the n. d. p differs from world bank it as it's founding members have only call of voting rights and no country has available. so,

and this ensures equality and mutual respect among the countries in bricks and a press conference during the break summit, russian for a minute, says gaylor vol. clearly defined the difference between the brakes block and it's global and western counterparts. consequence of would you need a specific wage of each country can be measured by its membership in the un. how much pull each country has that? how many employees it's quite to permits to work in the secretary at. this is the difference between brakes and the g 7 and other western centric structures. because in the g 7, everyone listens to the us. that way. decisions are made in line with the strategic lines. the washington sets for its has a completely different approach to its work today. and yesterday at the place meeting, we told a lot about that to view and not co. incidentally, i talked about the exploits of interest in partnering with and joining breaks. we do things differently. here. we have fan, this is

a quality is insured for every participant. and if someone is unhappy with this, all that decision that will be no consensus. if someone is uncomfortable, then everyone else try say best to find worthy and solutions that will help ensure unity. we strive to reach a consensus robin following the come onto the singles, the pay, right? yes. it's a small time of cost, but consensus agreements a much more stable long time and more effective if it's less the media has double breaks and economic clumps of your interest in extending economics. crucial is given the current 5 members already ahead of the g 7 in terms of purchasing power parity. and with the addition of 6 new members, the gap will wide and even fund i'm expensive. yeah, thank you so much for being with us head on all the international and as we bring you this live coverage from to his biggest been an absolute privilege. today is day 3 and the final day of the 15. 15 rick summit as things are wrapping up. we're not going anywhere. just jeff, and now it's 5 by and see you soon see the

yeah, thanks nicki. new new. what? just to reiterate the big news line emerging from the final day of the ongoing break summit, the loc agreeing to more than double it's membership. moving from the current 5 countries to 11 of the start of next year, one of which those nations will be egypt. less cross live dollar to honey, solely mon, executive director of the art of center for research on studies in pyro for his analysis of that you're most welcome. thanks for holding on. as well as busy news day here on a so egypt will officially join bricks in january was expected a good evening. i think it's very suspicious day for the breaks. it's a new, a video and i think it will be

a step for being good brooks, great organization, egypt and brooks of thought. or this time i think it will achieve many ends, the end the board as far as the exemption the, the of the ship. i think is if the we have many benefits from a b and a membership and the brakes are broke, finish it to achieve this didn't thing is that a relation between all subjects to content is with egypt. and that when i see of many m still be one of the greatest content as movies i believe. busy and you know, when the importance of the brands and sons a high organizations and it will be a great to step forward is if it's a corner because of let's go. and the also military of the nation with this content is 2nd. i think it's when they use their minds of the heart of the currency of dollars and the mit and in the forward is that the dominance of the united states

of america, those uh, according to me, international economy and dominance of the i think also it's agree it's a chance for egypt to make a good listener relationship with the content as it's gone. 3 of the bricks of love, the benefits of rugs, the competitive uh chances betweens is confident. i think it will be a good uh, info. busy is that is of some quantity and it wouldn't make okay, i agree with the chance to get out of it the right of the egyptian crisis. also, i think it's going to be a good step for the model, but it's kind of relations, especially the b and b. o is the russia and the site not as a great bowers and a new one. the, the balance also with the have, i don't want to edit was the crisis. was it still be a, as example? uh for the high uh for is that still be on uh them, uh, and it wouldn't be

a chance to make an end for this. but it's called crisis it many, it says it's 40 is if it can achieve ends. nicholas evaluated by being in the field chart is briggs and no field show for the united states. and it will be sent to the point to your sense. and it will be coming back and caught them. can i just put a specific point? you, honey, you've had a lot of them. which side of your read be at the united arab emirates. egypt is now going to bring our representation to bricks. how do you see that fostering into the blocks expansion? it's development. yeah, it's a great to step for this content is not the only egypt also. so the idea and the image, it's about it, it has a new sense for egypt to make it safe for bliss. it's thrown in the league

and it's erode, and after the car and the at the counter store, it's been, it is as and the best to make a new road is to bite the students into it. so the nation was a russia. and so, you know, i did, it wouldn't make it easy if the game ends up front of the it does, the opposite, isn't we know, is it so far from the corner of the crisis, but it has, it's thrown as a but it's because uh, effective country and it can make many benefits of. busy being go is russia and china, which it has, which have many ability to store a heavy user and can make in a corner because everyone has to make investments and demand. uh eh, it's the for, is it, uh, by uh, get the right thing or is that i mean, it can domain as or is it. and it's, it's can be a great chance to make the economy a road for a shift though it was in the current that is on the africa. and the is, it's going to be a good for,

is that next in this version and couldn't make many. but it's got drawers by students and good, so the nation was us on china would have many, i've been at this to sort of a many problems and not use it. but this current that is, are very effective and have. ready many in fed ones and so many crisis ends there isn't. i think it is empty choice is that all you have to wait to be beside is this book. i'm interested as well and the not just in terms of, of egypt but the, but the old nations now they've joined. how do they know at square the circle with joining a new birth thing like bricks with the groups that they are already in? like, how does egypt entry into breaks going to impact its relationships with other major global organizations? i'm thinking the are a believe the african union. can they be all beneficial or do you lose something by joining something else?

yeah, it's very important to blend to being a member of our bleak and african union and the committee members say, but for egypt about, i think it's a fit. the organization is a future. uh no blog i think uh brooks is coming to be a good on the organization and they may be may have many. busy as are members to kind of be inside it into the future. so i think it's have a very effective and fellow and so not only in the quote number can weight, but as a boy, it's good under military, affective confidence, can achieve many boards and sort of the time by it has been use of the menu. it may be, is this membership when a be reflected in, is it effective as in other organizations? because i think it's a membership of but it's, it was hard to, to be a member of this blog. and it will be reflected in many,

it says it's what it is of the door to store. it's wrong again and to be effective in this organization because it protects and sort of light are viewed sort of the organizations to lead that a global. uh well it is, i feel sure i, it wouldn't be a good show it to us. what is it to be effective and it's, and it's the other auroras and as an organization. yeah, i'm the 1st time all those new nations will come together is next year in cuz i'm here in russia, which i'm sure you'll agree, will be a very interesting gathering honey. thank you so much for your time today. we appreciate your thoughts, executive director of the art of the center for research and studies funny suited him on in cairo. it's all right, well now we're going to return to that an ongoing session of the breaks plus at 4 and in johannesburg, dozens of countries helping,

taking part for the last number of hours. let's see who's speaking, know some interesting issues being raised. excellent. the. those are for breaks the enterprises in these areas of the stipend, our countries need to be uh, competent uh, sort of to that could explode to the associates. so brakes i don't know if that's with the extra though or do you have a member member states office incentive to increase their living is done. that's it . so in terms of a minute, uh its but this and, and also in the area of it, i think i've just ladies and gentlemen and ladies. yeah. so i see nothing good. can be a team to eat an area where it is and sit in the mika close to nothing of a level printer can be achieved the don't for this. so we inviting as breaks it.