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April 24, 2024
Development

BRICS SUMMIT NOT BENEFIT LESOTHO – ECONOMISTS

Maseru, Jul.21—With the 15th upcoming BRICS Summit to be hosted by South Africa next month (August), local Economists say that Lesotho is unlikely to benefit from the summit.

BRICS is an acronym for the powerful grouping of the world’s leading emerging market economies namely Brazil, Russia, India, China and South Africa. The BRICS mechanism aims to promote peace, security, development and cooperation.

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