The BRICS gatherings follow a summit of the Group of Seven leaders in Japan that was dominated by the U.S.
“would have to respond, one way or another,” Gumede said. The discussions might start this week when Russian Foreign Minister Sergey Lavrov and Chinese Foreign Minister Qin Gang meet with Pandor and other counterparts from Brazil and India.Īlthough there are complications with introducing a common currency in countries with vastly different economic setups, Gumede said a formal decision to pursue it could still be seen as a major “political statement” and an attempt to start the “de-dollarization” of parts of the world. South Africa Foreign Minister Naledi Pandor has also confirmed that a BRICS currency will be discussed. and (it) would just change the dynamics of world power,” Gumede said.īRICS officials said in April that at least 19 countries - including major oil producers Saudi Arabia, Iran and the United Arab Emirates - have applied to become members. Those moves within a group containing Russia and China might be seen as "a direct economic challenge to the U.S.,” said William Gumede, an associate professor at the School of Governance at Johannesburg's University of the Witwatersrand and a BRICS analyst. The bloc might also adopt a resolution on creating a BRICS currency. There could be movement on two critical issues: BRICS could be expanded to admit new members like Saudi Arabia, Iran and United Arab Emirates.
The Russian president hasn't traveled to any country that is part of the international court treaty since he was indicted in March for war crimes relating to the abduction of children from Ukraine.Īway from Putin, the main summit of BRICS leaders could be one of the most important in the bloc's short history, analysts say. It means the ICC arrest warrant would still be applicable if Putin visits in August, even if it is highly unlikely that South Africa would arrest him.
While South Africa hasn't yet stated its official position with regard to the arrest warrant for Putin, its foreign ministry said Tuesday that those traveling for Thursday's meeting of BRICS foreign ministers and the leaders who attend the main summit in three months' time would be afforded standard diplomatic immunity.īut the privileges “do not override any warrant that may have been issued by any international tribunal against any attendee of the conference,” foreign ministry spokesman Clayson Monyela said, an indirect reference to Putin. The South African government has denied the allegation, but the visit of a Russian cargo ship to South Africa's top naval base near Cape Town in December is under investigation. ambassador to South Africa called a news conference in Pretoria and accused the country of supplying weapons to Russia for its war in Ukraine. Those concerns burst into the open earlier this month when the U.S.
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