The 15th BRICS summit, to be held in South Africa this month, is expected to make the global governance system fairer and counterbalance the dominance of Western countries, Carlos Maria Correa, executive director of the South Centre, told Xinhua on Wednesday. The BRICS group of major emerging economies — Brazil, Russia, India, China and South Africa — will hold its 15th heads of state and government summit in Johannesburg between Aug. 22 and Aug. 24. The summit will be the first in-person BRICS gathering since the COVID-19 pandemic. Altogether, the BRICS nations account for more than 40% of the world population and about 26% of the global economy. “Among my hopes is that the current BRICS group considers the incorporation of other countries,” Correa said.

Source: Daily News Egypt August 13, 2023 15:24 UTC