Langsung ke konten utama

Over 40 Heads of State Will Attend BRICS Summit, South Africa Confirms

Over 40 Heads of State Will Attend BRICS Summit, South Africa Confirms

South Africa, the host of the BRICS summit this year, has confirmed that more than 40 heads of state will participate in the summit that will take place on Aug. 22-24. South Africa has also claimed that 23 countries have formally applied for BRICS membership.

40+ Heads of State to Participate in BRICS Summit

Nelson Kgwete, the South African foreign ministry’s media liaison officer, told Russian news outlet Tass that more than 40 heads of state have confirmed that they will participate in the BRICS summit that will take place on Aug. 22-24 in Johannesburg. South Africa is the host of the BRICS summit this year. He was quoted as saying:

Yes, confirmed, the summit will be attended by over 40 heads of state.

All leaders of the BRICS nations (Brazil, Russia, India, China, and South Africa) are expected to attend the summit. However, Russian President Vladimir Putin will not attend in person.

South Africa’s Minister of International Relations and Cooperation Naledi Pandor recently stated that 23 countries have formally applied to join the BRICS economic bloc. They are Algeria, Argentina, Bangladesh, Bahrain, Belarus, Bolivia, Venezuela, Vietnam, Cuba, Honduras, Egypt, Indonesia, Iran, Kazakhstan, Kuwait, Morocco, Nigeria, State of Palestine, Saudi Arabia, Senegal, Thailand, United Arab Emirates, and Ethiopia. However, at least one of the 23 countries, Morocco, has denied applying for BRICS membership.

Pandor further revealed that South Africa’s President Cyril Ramaphosa has invited 67 leaders of countries in Africa, Latin America, Asia, and the Caribbean to the summit. Moreover, 20 representatives of major international organizations have been invited, including the secretary-general of the United Nations, the chairperson of the African Union Commission, and the president of the New Development Bank, also known as the BRICS Bank.

Two key topics are expected to be discussed at the BRICS summit: the expansion of the economic bloc and the push to increase settlements using national currencies. In addition, some expect the topic of a common BRICS currency to be addressed at the summit. However, the top South African diplomat in charge of BRICS relations has said that the topic of a shared currency for the BRICS nations is not on the agenda to be discussed at the summit.

What do you think about 40+ heads of state participating in the BRICS summit? Let us know in the comments section below.



source https://news.bitcoin.com/over-40-heads-of-state-will-attend-brics-summit-south-africa-confirms/

Komentar

Postingan populer dari blog ini

Barry Silbert Resigns as Chairman of Grayscale Investments

Digital Currency Group (DCG) founder Barry Silbert has resigned from his position as the chairman of Grayscale Investments. Current DCG chief financial officer Mark Shifke succeeds Silbert and is joined by Edward McGee and Matthew Kummell as members of the new look board. Preparing for Grayscale’s Next Chapter Barry Silbert, the founder and CEO of Digital Currency Group, has resigned from his position as chairman of the digital asset management company Grayscale and will be replaced by Mark Shifke. According to the company’s filing with the Securities and Exchange Commission (SEC), starting Jan. 1, 2024, Grayscale’s board will be composed of Mark Shifke, Matthew Kummell, and Edward McGee. Current Grayscale Investments CEO Michael Sonnenshein is also a board member, while Mark Murphy, the president of Digital Currency Group (DCG), departs alongside Silbert. Commenting on the changes to the board, an unidentified Grayscale spokeswoman reportedly said: “Grayscale and our investors ...

Spanish Treasury Secretary Says Cryptocurrencies Carry a ‘Risk of Default’, Repeats Bank of Spain’s Lack of Regulation Rhetoric

The government of Spain continues to harden its stance against widely adopting cryptocurrencies. The Spanish Secretary of State for the Economy recently expressed her concerns on risks that she thinks cryptos possess for the national economy. Secretary Doesn’t Like Bitcoin as It Cannot Be ‘Supervised or Sanctioned’ During the Online Fintech Summit 2021 , Ana de la Cueva said that cryptocurrencies such as bitcoin ( BTC ) carry “a risk of default, given that the user does not have the protection offered by traditional payment systems against a default by the counterparty.” In fact, the Secretary blasted off on the lack of a “centralized guarantee system” in bitcoin. Interestingly, at the beginning of her speech, De La Cueva mentioned that the cryptocurrency’s technology is based on blockchain. However, she later pointed out that there is no standard “clarity” on the nature of bitcoin. The Secretary repeated the same rhetoric of Spanish state entities on crypto assets, saying that th...

48 US Lawmakers Ask SEC Chair Gensler to Clarify Whether ETH Is a Security — Warn of ‘Negative Repercussions’

Forty-eight U.S. lawmakers have sent a letter to U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler asking him to clarify whether ether is a security. “The negative repercussions of the SEC implicitly or directly classifying ETH as a digital asset security will cascade throughout the digital asset marketplace both in the short and long […] source https://news.bitcoin.com/48-us-lawmakers-ask-sec-chair-gensler-to-clarify-whether-eth-is-a-security-warn-of-negative-repercussions/