International Relations Minister, Lindiwe Sisulu, says although BRICS leaders are concerned over the effects that a potential full-blown international trade war could have on their countries, the topic will not dominate discussions during this year’s summit.
BRICS member countries are moving closer to a treaty which looks set to boost the film industries in these countries.
China’s President Xi Jinping inked 15 deals including loans and grants worth millions of dollars with Rwanda on Monday as part of a whistlestop tour to cement relations with African allies.
The world’s second largest economy China has gained the support of other emerging markets and agreed to fight against trade protectionism.
Minister of Trade and Industry, Rob Davies has called for greater co-operation between BRICS countries to increase investment levels.