#BricsSummit members should guard against disruption – Survé

Published 25 July 2018, by an ANA Reporter

JOHANNESBURG – BRICS member states should guard against disruptions to their growth potential emanating from geopolitical tensions and rising barriers to global trade, the South Africa chairman of its business council said on Wednesday.

Media businessman Iqbal Survé said while opportunities existed for BRICS member states for development after several years of slow global growth,”beneath this welcome news however lies some deep uncertainties about the future of the global economy.”

He told a business forum marking the start of the BRICS 10th annual summit in Johannesburg that while the scale and speed of economic globalisation, aided by the expansion of innovative technologies had intensified in recent years, specific actions by several advanced economies had brought along negative effects.

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