With Lavrov replacing Putin, the 2nd day of the BRICS Summit will have a plenary session focused on expansion and the economy

The second day of the 15th Brics summit will be marked by the restricted plenary session of the group, which will take place from 5 am, Brasília time, this Wednesday (23), in Johannesburg, South Africa.

At 6 am, the expanded session of the summit takes place. Afterwards, the leaders will make statements to the press.

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In addition to the Brazilian president, Luiz Inácio Lula da Silva (PT), the South African president, Cyril Ramaphosa; Chinese President Xi Jinping; and the Prime Minister of India, Narendra Modi.

Without Putin, with Lavrov

Russian President Vladimir Putin is participating remotely. Russian Foreign Minister Sergei Lavrov is representing the country in person at the event.

The decision comes after the International Criminal Court (ICC) issued, in March, an arrest warrant against the Russian leader. South Africa granted diplomatic immunity to all officials attending the summit in August, which would give Putin the opportunity to visit the country.

Other events

The Brazilian president also participates in a dinner and a cultural presentation, offered by Cyril Ramaphosa, at 2 pm.

Common currency and new members

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On the first day of the Summit, Lula defended, during the Brics Business Forum, that the group will be more relevant with the entry of new members.

“Our countries, together, represent a third of the world economy. This relevance will grow with the entry of new full members and dialogue partners. Collaboration between the public and private sectors is vital to harness this potential and achieve lasting results,” declared Lula.

Lula also defended the adoption of a common currency for trade in the Brics.

“For investment to grow again and generate development, we need to guarantee more credibility, predictability and legal stability for the private sector. For this reason I have been defending the idea of ​​adopting a reference unit of account for trade, which will not replace our national currencies”, he said.

VIDEO – See the full text of Lula’s speech at the BRICS Summit

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Source: CNN Brasil

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