The Democratic Republic of Congo will be present at the BRICS summit in South Africa from August 22 to 24, 2023. This participation illustrates the growing importance of the DRC on the international scene and its commitment to strengthening its relations with emerging countries.
The BRICS, which include Brazil, Russia, India, China and South Africa, represent a significant share of the world’s population and of the world’s GDP. These countries, as emerging economic powers, seek to promote a new world order based on greater equity and greater representativeness for the countries of the South.
One of the key topics of this summit will be the enlargement of the BRICS to new members. The DRC, with its economic potential and abundant natural resources, could play an important role in this expansion. Additionally, the DRC could benefit from BRICS membership in terms of economic partnerships, investment and development support.
Another important topic of discussion will be the possible adoption of a common currency for the BRICS countries, in order to reduce their dependence on the US dollar. This initiative aims to strengthen their financial autonomy and create a more balanced and equitable monetary system.
In this context, the DRC could also benefit from the diversification of foreign exchange reserves and the strengthening of its economic stability thanks to a common currency. This would facilitate trade with other BRICS members and strengthen the DRC’s position on the world economic scene.
The DRC’s participation in the BRICS summit also demonstrates its desire to strengthen its cooperation with these countries in other areas such as education, scientific research, technology and innovation. These collaborations could contribute to the economic and social development of the DRC, by promoting the transfer of knowledge and technologies.
In conclusion, the DRC’s participation in the BRICS summit in South Africa underlines its ambition to strengthen its relations with emerging countries and promote its economic development. This meeting also offers the opportunity to explore new prospects for cooperation and to benefit from the support of the BRICS in achieving the development objectives of the DRC