IBSA - South Africa

South Africa-Brazil Trade Partnership Hits Potholes

As the five members of the BRICS group of emerging economies – Brazil, Russia, India, China and South Africa – tighten ranks and seek to expand their global influence, the inevitable trade spats have begun.

Abandoning Nuclear Weapons – Lessons from South Africa

Not many nice things can be said about the apartheid regime in South Africa. It was racist, violent in the brutal oppression of many of its own citizens, and was despised around the world.

BRICS Tracking Where the Money Flows

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.

Valentine Rugwabiza, deputy director-general of the WTO, says Africa needs to strengthen domestic markets and integrate into the world market Credit:  World Trade Organisation

Intra-African Trade or Global Integration: A Chicken-and-Egg Dilemma?

Though the World Trade Organisation (WTO) has long held that trade between African countries is too low, experts at the South Centre, an inter-governmental think tank of developing countries, say intra-continental trade is already significant in manufactured goods and promises a new path to industrialisation.

Indonesia Knocks at BRICS’ Door

Indonesia’s keen interest in becoming the newest member of BRICS – a bloc of emerging-market nations comprised of Brazil, Russia, India, China and South Africa – has sparked off a round of debate on the future and efficacy of South-South groupings.

South Africa Looking to Make the Most of BRICS Membership

South Africa needs to stop agonising over whether it deserves to be in BRICS and start focusing on making the most of its membership to leverage better trade deals.

The G20 is not representative of the WTO because the poorest countries have no say in setting the trade agenda. Credit: Kim Cloete/IPS

BRICS Ministers Say New Trade Narrative Sinks Development

Trade ministers of the BRICS countries - Brazil, Russia, China, India and South Africa – say that at the G20 trade ministerial summit later this month in Mexico they will try to ensure that attempts by industrialised countries to frame a new trade agenda do not drown development-led trade liberalisation and the World Trade Organization talks.

South Africa

Brazil and South Africa Hit Hard by Exchange Rate Complications

Brazil and South Africa have experienced a widespread contraction of their manufacturing industries, with the latter suffering massive unemployment as well, thanks to the rampant volatility and misalignment of dominant global currencies like the dollar, trade experts from the two countries say.

China’s trade minister Chen Deming opposed sanctions against Iran when rising oil prices were hitting BRICS. Credit: World Economic Forum/CC-BY-SA-2.0

BRICS Tighten United Front

At their summit in the Indian capital on Thursday, leaders of the coalition known as BRICS – Brazil, Russia, India, China and South Africa – made several noteworthy decisions that experts say hint at the converging of economic and political interests of a disparate regional bloc.

Rail networks in Africa remain underdeveloped only 10 percent of transport goes via rail. Here a train crossing the Namib Desert. Credit: Servaas van den Bosch/IPS

South Africa No Longer the Gateway to the Continent

South Africa’s membership of the bloc of leading emerging economies and its unique position in Africa heralded the country’s role as a gateway into the African continent. However, trade experts question whether it can live up to this position as investors begin to increasingly look towards other African markets.

Tale of Two Approaches – the WTO Torn Asunder?

Trade envoys of India, Brazil, and South Africa have warned industrialised countries not to hijack the Doha multilateral trade negotiations by adopting the controversial plurilateral approach to liberalise trade in services.

India Affirms Role as Developing World’s Pharmacy

By allowing a generic manufacturer to produce a patented cancer drug at a fraction of its current cost, India has declared that it is not about to abandon its role as the ‘pharmacy of the world’s poor'.

IBSA has denounced the ongoing attempts to craft an exclusive, plurilateral agreement to liberalise trade in services.  Credit: Servaas van den Bosch/IPS

An Assault on Multilateral Trade Negotiations

India, Brazil, and South Africa, the international grouping for promoting international cooperation among the three countries known as IBSA, along with China and several other developing countries, have denounced the ongoing attempts to craft an exclusive, plurilateral agreement to liberalise trade in services without concluding the multilateral trade negotiations of the World Trade Organization.

Henry Saragih, the general coordinator of Via Campesina, a movement representing more than 200 million small farmers worldwide. Credit:  Isolda Agazzi/IPS

U.N. Human Rights Council Exhorted to Defend Peasants’ Rights

Decades after peasants’ networks have advocated for a new legal instrument to protect the rights of small farmers to land, seeds, traditional agricultural knowledge and freedom to determine the prices of their production, the United Nations Human Rights Council (UNHRC) may decide to start drafting a declaration on peasants’ rights next week.

SWAZILAND-SOUTH AFRICA: New Railway Line to Boost Economies

The 146-kilometre railway line to be established between South Africa and Swaziland will help reduce the cost of doing business between the two countries.

Emerging economies face developmental challenges but are also significant contributors to greenhouse gas emissions.  Credit: Zukiswa Zimela/IPS

TRADE: Small Steps towards Emission Reduction Deal

Emerging economies China, South Africa and Brazil have indicated their openness to legally-binding carbon emission reduction targets from 2020 during the United Nations climate change summit in Durban, South Africa.

Global South Needs New Path of Development

The convergence of leading countries from the global South - China, India, Brazil and South Africa, among others - to assist the poorest countries in sub-Saharan Africa and elsewhere constitutes a new "dynamic" in the emerging global economic partnerships, says the United Nations Conference on Trade and Development.

Patented drugs limit patients access to public health care.  Credit: Kristin Palitza/IPS

SOUTH AFRICA: No Political Will to Support Generic Medication

South African health experts are calling on governments to use legally available mechanisms to promote the production or import of generic drugs in their countries.

Sub-Saharan Africa has large potential for hydropower generation, but is yet to exploit it.  Credit: Kristin Palitza/IPS

World’s Biggest Hydropower Scheme Will Leave Africans in the Dark

South Africa and the Democratic Republic of Congo have signed an agreement to build a major hydroelectric power project, which is said to bring electricity to more than half of the continent’s 900 million people. But economic analysts warn that foreign investors will prevent the grid from benefiting the general public.

A police car burns at last year's G20 summit in Toronto, Canada. Credit:  Marty Olauson/IPS

IBSA: In Conflict with the EU

When the G20 leaders meet for their fifth summit in Cannes, France, on Thursday, they will be confronted with several worsening global economic and trade issues. Among them is how to strengthen the international trading system and how to overcome the developmental deficit that continues to create an uneven playing field for poor countries.

IBSA: Coverage of Economic Body Vital for Development

As the India Brazil and South Africa Summit of heads of state and government starts Tuesday, editors from the respective countries have resolved to provide better coverage of the economic body.

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