JOHANNESBURG– Te leaders of Brazil, Russia, India, China and South Africa (BRICS) have re-affirmed their support for sustainable infrastructure development in Africa, including addressing the infrastructure financing deficit.
In the Johannesburg Declaration adopted by them at the 10th BRICS Summit here Thursday, they acknowledge the importance of infrastructure development and connectivity in Africa and recognize the strides made by the African Union (AU) to identify and address the continent’s infrastructure challenges, through the New Partnership for Africa’s Development (NEPAD) and the Programme for Infrastructure Development in Africa.
“We support the importance of stimulating infrastructure investment on the basis of mutual benefit to support industrial development, job-creation, skills development, food and nutrition security and poverty eradication and sustainable development in Africa,” the declaration states.
The three-day summit, being attended by South African President Cyril Ramaphosa, Chinese President Xi Jinping, Russian President Vladimir Putin, Indian Prime Minister Narendra Modi and Brazilian President Michel Temer, concludes on Friday.
Source: NAM NEWS NETWORK