South Africa in BRICS
Biotechnology, space science and renewable energy offer "real opportunities for extensive cooperation" between the BRICS countries, Science and Technology Minister Derek Hanekom said at the first BRICS Science, Technology and Innovation Ministerial Meeting outside Cape Town on Monday.
The first Brazil, Russia, India, China and South Africa (BRICS) ministerial meeting on science, technology and innovation will take place in Kleinmond in the Western Cape from 10 to 11 February.
The BRICS countries should not be counted out as dynamic forces in the global economy, panelists argued at the WEF's annual meeting in Davos on Thursday, predicting that these economies would rebound over the next few years.
The leaders of the BRICS (Brazil, Russia, India, China and South Africa) group of influential emerging economies have agreed to create a US$100-billion pool of currency reserves to serve as a buffer against financial shocks.
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