"BRICS Summit 2023: Key Issues, Global Order, and China's Expansion"

1 min read
Source: Reuters
"BRICS Summit 2023: Key Issues, Global Order, and China's Expansion"
Photo: Reuters
TL;DR Summary

The upcoming BRICS summit in Johannesburg will address key issues such as the expansion of the bloc, with China in favor and Brazil skeptical, while Russia and South Africa seek to bring in new members. Discussions will also focus on boosting local currency fundraising and lending within the New Development Bank (NDB), improving economic ties between the member countries, and engaging with leaders from other countries. The summit will explore opportunities for BRICS and African countries to benefit from the African Continental Free Trade Area.

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