Africa (Commonwealth Union)_The BRICS summit of this year commenced with the Business Forum, graced by the presence of South African President Cyril Ramaphosa, Brazilian President Luiz Inácio Lula da Silva, Indian Prime Minister Narendra Modi, Chinese Commerce Minister Wang Wentao, and Russian delegations. During the forum, Russian President Vladimir Putin restated his commitment to provide free grain to six African countries, highlighting that Russia’s return to the Black Sea grain deal hinges on the fulfillment of all obligations.
In a pre-recorded video, Putin emphasized that Russia’s decision to discontinue the so-called ‘deal’ after July 18 was due to unmet conditions. He indicated that Russia could potentially reengage in the deal, but only if the commitments to the Russian side were genuinely honored. Putin expressed confidence in Russia’s capacity to replace Ukrainian grain, both through commercial channels and as aid to countries in need, especially given the anticipated bountiful harvest.
In recent months, Putin has advocated for the lifting of sanctions on the Russian Agricultural Bank and other demands related to agricultural machinery, insurance, pipelines, and unblocking of assets for Russian companies involved in food and fertilizer exports. Russia’s stance has been that the deal disproportionately favors wealthier nations. According to the UN World Food Program, a mere 2.2% of the 32.9 million tons of exported Ukrainian grain reached African nations such as Ethiopia and Somalia, while a significant 44% was shipped to high-income countries.
The BRICS, comprising Brazil, Russia, India, China, and South Africa, have gained prominence as a pivotal platform for Russia, especially given Western sanctions due to the Ukrainian conflict. Russia aims to establish stronger diplomatic and trade ties with Asia, Africa, and Latin America. President Putin underlined two critical projects: a northern sea route development with new ports, fuel terminals, and an expanded ice-breaking fleet, and a north-south corridor linking Russian ports with terminals in the Gulf and the Indian Ocean.
The BRICS, together representing over 40% of the global population, are expected to discuss potential expansion during the summit. This gathering assumes heightened significance as it takes place in a time when Russia seeks to diversify its international partnerships amid economic challenges and geopolitical dynamics.
