Ramaphosa calls for WTO and UN reforms at BRICS summit

Ramaphosa calls for WTO and UN reforms at BRICS summit
Save as PDF 

Moscow – South African President Cyril Ramaphosa has urged reforms to the World Trade Organization (WTO) and advocated for a stronger role for developing nations in global governance during the BRICS summit in Russia. Speaking alongside leaders from Brazil, Russia, India, and China, Ramaphosa emphasized the need for equitable rules that reflect the economic realities of emerging economies, calling for fairer trade practices and greater inclusion at the United Nations.

Ramaphosa also stressed the importance of industrial and technological cooperation among BRICS nations, highlighting how joint investments in these sectors could spur growth and resilience amid global economic challenges. He noted that South Africa and other developing nations must have a more significant voice in decision-making processes that shape international trade and diplomacy.

Several African leaders attending the summit echoed Ramaphosa’s message, calling for justice and fairness in global institutions.

The summit underscored the shared goal of creating a more balanced international system, as BRICS nations continue to position themselves as a counterweight to Western-dominated institutions like the WTO and the UN Security Council.

Related post

Inflation returns to Côte d’Ivoire but remains within the BCEAO’s comfort zone

Inflation returns to Côte d’Ivoire but remains within the…

 Consumer prices rose 1.9 per cent in July, driven by food costs. The acceleration remains moderate, but higher energy and import prices could test stability…
Nigeria: Yemi Cardoso faces the test of turning Nigeria’s financial stability into growth

Nigeria: Yemi Cardoso faces the test of turning Nigeria’s…

 Stronger reserves, tight monetary policy and a banking recapitalisation equivalent to $3.37bn have helped restore investor confidence, but productive investment and household incomes remain under…
Equatorial Guinea rejects coup report and demands retraction from Jeune Afrique

Equatorial Guinea rejects coup report and demands retraction from…

  Government disputes report of an alleged destabilisation plot, defends the capacity of national institutions and says it may take legal action LAGOS — Equatorial…

Leave a Reply

Your email address will not be published. Required fields are marked *