Ramaphosa: The Shift from a Unipolar to a Multipolar World Is Underway

According to the English section of ​ webangah News Agency,​ citing Sputnik via Mehr⁣ News Agency,‍ South African President Cyril Ramaphosa stated today, Monday, during the extraordinary online BRICS summit that the transition⁣ from a unipolar to a ⁢multipolar world is happening.

The South African president added that current ⁢changes in global trade present both⁢ challenges and opportunities​ to reshape the global economy.‌ BRICS member states stand at the⁤ forefront of ⁣supporting​ reforms within multilateral institutions.

Ramaphosa also expressed his support for BRICS initiatives aimed ⁣at enhancing the resilience of member economies.

According to⁤ RIA Novosti, he emphasized ⁣during the ‍meeting that South Africa backs World Trade‍ Association ⁣reform proposals and urged BRICS nations to support ⁤reforms within this framework. ⁤The BRICS group should prioritize its⁢ role‌ in shaping global economic growth, combating‍ poverty, and promoting ⁤multilateralism.