“When someone in Peru sneezes, someone in Brazil catches a cold. When a barrel of oil is produced in Ecuador, a neighbouring country ends up buying it,” says prominent environmentalist Yolanda Kakabadse.
South Africa plans to boost links between Africa and its partners in the Brazil, Russia, India and China alliance at a landmark summit, which will be held in this country in March, Xavier Carim, deputy director general at the Department of Trade and Industry, told IPS.
China’s presence in the leading developing nations alliance of Brazil, Russia, India and China has given the bloc an advantage that another developing nations club, India, Brazil and South Africa, has hitherto been lacking, according to Peter Draper, one of South Africa’s leading experts on international relations and trade.
The five leading developing nations grouped in the BRICS alliance – Brazil, Russia, India, China and South Africa – are planning to intensify efforts to collect accurate trade data, so they can get a better picture of trade flows.
Politicians in the leading developing nations have been active in boosting mutual ties, as one way of counterbalancing the influence of the developed world. But the economic success of the Brazil, Russia, India, China, and South Africa and the India, Brazil, and South Africa groupings will depend on the extent to which businesses take advantage of the new opportunities which are being created.
As governments struggle to find ways out of the persistent global financial crisis, Brazil’s development model offers an alternative path to recovery and growth, according to some economists and politicians.
South Africa has experienced a significant shift in trade with a new emphasis on links with developing nations, at the expense of traditional partners in the developed world, according to a leading South African economist.
The Kwanza river in the heart of Angola will be a symbol of Brazilian partnership in African development when power stations along the country's main source of water are fully operational.
South Africa and China are partners within a club of leading emerging markets, and it would seem natural that exports of South African wine to the Chinese market should be surging.
"In Luanda there are no matches." This was the first line of a report written by Nobel Literature laureate Gabriel García Márquez in the Angolan capital in 1977.
Will the BRICS expand into the BRICSIT?
Aluminium, opposed by environmentalists mainly because of the amount of energy needed to produce it, is one of the targets of the heated campaign against hydroelectric dams in Brazil’s Amazon jungle region.
When a U.N. member state agrees to hold an international conference in its capital, the host country is not only offered the privilege of chairing the mega meeting but also given pride of place as the keynote opening speaker.
Developing countries are investing enormously in preserving biological diversity, and it is unimaginable that the wealthy nations will not fulfill their obligations to provide funding for these efforts, Brazilian environmental negotiator André Aranha Corrêa do Lago told Tierramérica*.
With negotiations to mobilise resources for preservation of biodiversity at a major United Nations conference going nowhere, the Group of 77 and China have hinted at possible suspension of the ‘Aichi targets’ under the Nagoya Protocol.