00:13Welcome back. On Friday, the BRICS Business Forum takes place on the eve of the 18th BRICS Leaders Summit, which
00:19will be held on the 12th and 13th of September in New Delhi, the Indian capital.
00:23The Forum serves as a platform where key ideas and suggestions from the Council are presented and discussed by several
00:32heads of state.
00:33During his speech, South African President Cyril Ramaphosa spoke about the challenges and changes facing the global economy and the
00:39creation of opportunities, despite adversities.
00:42Meanwhile, Russia and President Biden referred to strengthening the mechanisms of practical business cooperation, a so-called business diplomacy, and
00:51stated that Russia is ready to cooperate with all its partners during the 18th BRICS Summit.
00:57The discussions will focus on global governance reform, economic cooperation, digital innovation, climate resilience, and stronger trade in local currencies.
01:05The summit is expected to create opportunities for Africa in trade, infrastructure, and alternative financing.
01:14Good afternoon.
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