BRICS Plus and Ethiopia: Geopolitical Shifts, Economic Ambitions, and Regional Dynamics

Discover how BRICS Plus is reshaping global power dynamics with Ethiopia poised to join this influential alliance. This in-depth interview with Ethiopian journalist Dereje Yiemeru explores BRICS Plus' growing dominance in the global economy, food production, energy, and mineral extraction sectors.

The conversation unpacks the geopolitical implications of BRICS Plus overtaking the G7 in GDP share by 2028, demanding reforms in Western-dominated institutions like the IMF and World Bank. Dereje analyzes progress in creating alternative financial systems to challenge US dollar hegemony and SWIFT, highlighting efforts toward local currency settlements and digital governance solutions that could undermine Western tech monopolies.

The interview delves into Ethiopia's potential contributions to BRICS Plus as a manufacturing hub with significant agricultural capacity. Dereje discusses the strategic Gada special economic zone near Adama and Ethiopia's diplomatic navigation of regional challenges, including the Grand Ethiopian Renaissance Dam (GERD) negotiations with Egypt over Nile water rights and the memorandum with Somaliland. The conversation examines how Ethiopia's regional diplomacy aligns with the BRICS Plus principles of non-interference and regional stability.

This interview with Ethiopian journalist Dereje Yiemeru examines how Ethiopia's regional diplomacy aligns with the BRICS Plus principles of non-interference and regional stability.

The conversation discusses the Kazan Summit of October 2024, which expanded BRICS membership, and offers unique perspectives on how Ethiopia and other Global South nations might benefit from new trade corridors and the proposed BRICS grain exchange.

This video does not provide detailed technical aspects of the BRICS payment system, comprehensive data on mineral extraction capabilities across member states, or specific timelines for Ethiopia's potential membership. It doesn't explore BRICS Plus military cooperation or analyze the African Union's official position on the bloc's expansion. The discussion omits detailed comparisons between Chinese and Russian investment strategies in Ethiopia or a comprehensive analysis of Djibouti's role in regional trade networks beyond brief mentions.

#BRICS #Ethiopia #geopolitics

00:00 - BRICS Plus's growing influence reshapes global economic and governance dynamics.
03:35 - BRICS Plus seeks structural reforms and increased influence in global governance.
07:29 - BRICS Plus aims to enhance resource security through strategic expansions.
11:34 - BRICS Plus explores alternative payment systems amid financial challenges.
15:22 - Ethiopia strengthens BRICS Plus with economic and agricultural contributions.
19:07 - Ethiopia's evolving relationships impact its role in BRICS Plus.
22:55 - Ethiopia's economic ambitions within the multipolar world reshape regional dynamics.
26:38 - Ethiopia explores alternatives to USD using BRICS payment systems.

Don't Miss:
Dereje Yiemeru's article: https://tinyurl.com/27p6dt5a
   • Why is BRICS Suddenly Running EVERYTH...  

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This video presents informational and educational content based on the author’s interpretation of publicly available data, not reflecting any official government or organizational stance. Viewer discretion is advised. Sources are public, and independent verification is recommended. Commercially licensed material is used, except for fair use. Contact us with questions.