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SA Being Part Of BRICS Essay

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Introduction
This research is about SA being part of BRICS (association of world’s emerging economy countries) and emerging economies that are charming for the rest of the world which includes, other developed countries such as UK, US, Japan etc.
This research is to inform people about emerging economies around the world and how much important they are. In addition, it is going to also indicate about the direction which SA’s economy should go for. It also tells about SA being part of BRICS (Brazil, Russia, India, China, and South Africa) and BRICS system in detail with the information of what they are, what they do, what are the strategies they have, also the expected benefits and their important role that SA can play in BRICS. Also, it informs about SA’s intra-African trade with my own opinions about it.

Definition of emerging …show more content…

Therefore, SA should trade with all of them, but particularly, with Algeria. Because they have way more GDP contribution in industrial sector, which means, they are more progressed in industrial sector than SA. This supports that they have a high industrial skills and capabilities that SA should improve.
SA trading with other African countries, is not only helping them and SA themselves economically, but also helping one another and encourage one another in order to improve the entire continent’s economy and its progress in the world’s economy. Therefore, I strongly suggest SA to be more proactive at trading with neighbor countries.

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