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Ethiopia highlighted the benefits of joining the Brics at the Davos Forum

Addis Ababa, January 19 (Prensa Latina) Ethiopia has joined the Brics countries because it sees them as an ideal association to ensure more robust financing and investments with a focus on development, an official source said today.

Deputy Prime Minister and Foreign Minister Demeke Mekonnen highlighted the economic group's aspirations for a more international system in his speech at a panel discussion moderated by the World Economic Forum's Center for Regions, Trade and Geopolitics in Davos, Switzerland. fair, quoted by the local chancellery.

“Joining the Brics (Brazil, Russia, India, China and South Africa) is not about choosing a side, as the Brics are not against any particular country or group,” he explained.

He specified that the engagement of the world's middle powers is becoming a reality as changes in security, economics and digital capabilities create a multipolar international order instead of a unipolar world.

He believed that it was time to create a just order in which actors addressed both the problems of disadvantaged societies and the structural development of developing countries.

Despite numerous 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, he concluded.

The panel discussed the role of the middle powers in the current multipolar world order, in which multiple actors appear to intervene and have replaced the disposition of the major world powers.

During the 15th Brics Group summit 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 came into force on January 1 .

jha/nmr