Brics News
Brics News
Thursday, September 19, 2024

World Leaders Head to South Africa To Attend Summit

Date:

The BRICS summit is scheduled for August 22–24, and leaders from the bloc, ambassadors, and other dignitaries are all set to be a part of the meeting. BRICS is looking to challenge the U.S. dollar by using local currencies to settle global trade. The alliance will discuss issues related to strengthening native currencies by ending reliance on the U.S. dollar. Read here to know the full itinerary of the upcoming BRICS summit.

Also Read: BRICS: Warren Buffet Predicts How Long USD Will Remain Global Currency

World Leaders Head to South Africa For BRICS Summit

BRICS nations take on the U.S. Dollar
Source: Reuters

China’s President Xi Jinping has flown to Johannesburg, South Africa, to attend the BRICS summit. “Chinese President Xi Jinping left Beijing on Monday for the 15th BRICS Summit to be held in Johannesburg, South Africa, and a state visit to South Africa,” Xinhua News reported.

Also Read: BRICS: South Africa Makes Huge Announcement on U.S. Dollar Supremacy

India’s Prime Minister Narendra Modi has departed from New Delhi for Johannesburg to attend the BRICS summit. India has a large delegation and would discuss bilateral ties with a host of countries. India’s Foreign Secretary Vinay Kwatra confirmed that Modi will also meet heads of African countries to discuss mutual partnerships on “sustainable development and inclusive multilateralism”.

China Xi Jingpin India Narendra Modi
Source: HindustanTimes.com

“The PM’s schedule, in terms of bilateral meetings with those leaders who would be present in South Africa is still being developed,” he added.

Also Read: Can BRICS Abandon the U.S. Dollar?

Brazil’s President Luiz Lula da Silva is yet to leave the country for Johannesburg to attend the summit. This would be the first in-person summit in three years. The COVID-19 restrictions dampened previous summits, leading to virtual meetings. Also, Russia’s President Vladimir Putin will virtually attend the BRICS summit.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Popular

More like this
Related

134 Countries Explore Digital Currencies, US Dollar in Jeopardy

The BRICS alliance is working towards the formation of...

BRICS and De-dollarization: An Alternative or Potential Disaster?

From October 22 to 24, 2024, a BRICS summit...

How Chinese Yuan Is Bringing the US

The United States dollar (USD) has been the world’s...

Pakistan Set to Join BRICS, Adopt New Currency in 2024?

With the 2024 Annual Summit arriving next month, Pakistan...