Russia: The BRICS group should be the pillar of the new world governance system

  The Minister of Foreign Affairs of Russia has emphasized the responsibility of making the BRICS group a strong pillar of the new world governance system. This was reported by the Sputnik news agency which quoted Sergey Lavrov as saying this and adding that, there is already a system of several blocs in the world and that the goal of the BRICS group is not to take the place of the system of several blocs that exists today as it does not want to turn into a new empire in the world. The Minister of Foreign Affairs of Russia has also said, the issue of strengthening the bank of the BRICS group known as the "New Development Bank" is an urgent matter. He said, what is happening at the bank is to develop currency exchange systems and to increase the space for national currencies at the bank. He has said, he expects to see the two issues given priority in the BRICS leaders' meeting scheduled to be held in Johannesburg, South Africa on the 22nd to 24th of August.

Meeting of the leaders of the BRICS group in Johannesburg, South Africa The remarks of the Minister of Foreign Affairs of Russia came after President Cyril Ramaphosa of South Africa announced that more than 20 countries have sent official requests to join BRICS, which the alliance of emerging economies including Brazil, Russia, India, China and South Africa. Addressing the nation on Sunday night via television, Ramaphosa said: "The expanded BRICS will represent a diverse group of countries with different political systems that share a common vision of international stability." South Africa will host the 15th BRICS Summit in Johannesburg, which will be attended by President Luiz Inacio Lula da Silva of Brazil, President Xi Jinping of China and Indian Prime Minister Narendra Modi. The President of Russia Vladimir Putin will be represented by the Minister of Foreign Affairs, Sergey Lavrov.