BRICS and Africa: Navigating Global Economic Turbulence Together - Foundation Office South Africa
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The 2018 BRICS Summit, to be hosted by South Africa in July, marks a milestone as it represents ten years since the grouping’s first summit in Yekaterinburg, Russia, in 2009. Forged in the aftermath of the 2007/2008 global financial crisis, the BRICS flagged two key cooperation priorities in the global economic governance terrain at the time of its inception: an immediate focus on restoring global financial and economic stability as well as the need for global economic governance reform to ensure greater representation of emerging markets.
This event will kick off with a facilitated high-level keynote panel on South Africa’s key finance track priorities for the BRICS Summit presented by Mr. Nhlanhla Nene (Minister of Finance) as well as a presentation on the latest developments at the New Development Bank by Mr. KV Kamath (President of the NDB).
The second session will bring together different stakeholders from South Africa and Africa to take stock of the bloc’s achievements and challenges over its first decade, specifically focusing on the BRICS’s engagement in global economic governance forums.
The conference will conclude with a panel discussion that will consider perspectives from different BRICS countries on how to navigate the current wave of global turbulence, looking at what is next for the BRICS in its second decade.