免费日韩片_欧美成人精品一区二区男人小说_国产乱码一区二区三区四区_国产精品国产三级国产aⅴ入口_成人看的污污超级黄网站免费_欧美一级在线免费观看_成人午夜免费无码福利片_国产乱人伦偷精品视频色欲_aaa少妇高潮大片免费看_国产精品1234_亚洲精品国产suv一区88_中文字字幕在线中文无码_精品亚洲区_午夜九九九_国产av国片精品jk制服丝袜_色综合亚洲_亚洲成av人片无码bt种子下载_欧美色就色_精品少妇的一区二区三区四区_男人用嘴添女人下身免费视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Davos 2024

No member dominates BRICS, says South Africa's finance minister

By Zheng Wanyin in London | chinadaily.com.cn | Updated: 2024-01-19 03:35
Share
Share - WeChat

The BRICS mechanism is built on the basis of consensus and mutual respect, and no country in the organization holds a dominant position, said Enoch Godongwana, finance minister of South Africa.

Godongwana made the remarks on Thursday at a panel session titled BRICS in Expansion during the 54th Annual Meeting of the World Economic Forum in Davos, Switzerland.

When asked whether China was dominating the BRICS grouping, the minister said: "There is no one dominating each other in BRICS. The institution is built on the basis that there is mutual respect. There is consensus in decision-making. Therefore, there can be no dominance."

"It's unlike the Bretton Woods institutions," Godongwana further pointed out. "The World Bank belongs to the Americans. The International Monetary Fund belongs to Europe. That is not questionable. And therefore, they have got to be dominant in those institutions. In BRICS, it's consensus."

Enoch Godongwana, minister of finance of South Africa, speaks about BRICS in expansion on Thursday, at a panel session of the 54th Annual Meeting of the World Economic Forum in Davos, Switzerland. [Photo/World Economic Forum]

The minister's replies drew applause from the audience.

The World Bank and the IMF were created during the Bretton Woods Conference in 1944 when the status of the dollar as the global reserve currency was also settled.

BRICS is an acronym for the five major emerging economies of Brazil, Russia, India, China, and South Africa, which were the founding countries of the intergovernmental organization.

In August 2023, it was announced that, in a historic expansion, Egypt, Ethiopia, Iran, Saudi Arabia, the UAE and Argentina will become new members of BRICS. Argentina withdrew from its planned entry into the BRICS in December 2023.

zhengwanyin@mail.chinadailyuk.com

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE