RAK Ruler participates in BRICS summit in South Africa

His Highness Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, was one of nearly 50 leaders from around the world at the main session of the 15th BRICS summit in Johannesburg.

Under the theme “Partnership for Mutually Accelerated Growth, Sustainable Development and Inclusive Multilateralism”, the summit brought together leaders from close to 50 countries worldwide.

BRICS leaders announced the UAE’s inclusion as a new BRICS member nation and Sheikh Saud expressed confidence in the strength of the UAE’s economy and global influence.

It also reflects the nation’s steadfast approach to enhancing cooperation with various countries worldwide, under the wise leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, he added.

Sheikh Saud further highlighted that the UAE has always been an advocate of the principles underpinning BRICS’ objectives and has played a significant role in supporting its international agenda. "We recognise the expansion of BRICS as an important opportunity to create a multilateral leadership model that nurtures and enriches the principles of inclusivity, tolerance and mutual respect, particularly within the region of the Global South," he added.

His Highness pointed out that the UAE is among the prominent trade and investment partners of BRICS, with non-oil trade between the UAE and member nations reaching $677 billion. Additionally, investment flows amounted to $38 billion between 2018 and 2022.