Ethiopia highlights the benefits of joining BRICS at the Davos Forum (+photos)

Addis Ababa, January 19 (Prensa Latina) Ethiopia has joined BRICS because it considers it an ideal association to ensure more robust development-focused financing and investment, an official source said today.

Speaking at a panel discussion moderated by the World Economic Forum's Center for Regions, Trade and Geopolitics in Davos, Switzerland, Deputy Prime Minister and Foreign Minister Demekki Mekonen highlighted the economic community's aspirations for a more international system. By the local council.

He explained that “joining the BRICS countries (Brazil, Russia, India, China and South Africa) is not about choosing a side, because BRICS is not against any specific country or group.”

He explained that the commitment of the world's middle powers has become a reality as changes in security, economics and digital capabilities create a multipolar international system instead of a unipolar world.

He considered that the time had come to create a fair system in which actors addressed the problems of disadvantaged communities and structural development in developing countries.

He concluded that despite the many challenges, Africa is growing and will be able to play an important role in the world as multilateral actors and middle powers replace this unipolar hierarchy.

The panel discussion addressed the role of middle powers in the current multipolar world order, in which multiple actors appear to have taken the place of major global powers.

During the 15th BRICS summit held in Johannesburg last August, South African President Cyril Ramaphosa announced the acceptance of Ethiopia’s membership, along with Argentina, Egypt, Iran, the United Arab Emirates and Saudi Arabia, which entered into force on January 1.

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