South Africa and the European Union vowed to defend multilateralism on Thursday (20 November), ahead of the G20 summit, as they signed a partnership on critical minerals.
South Africa is hosting this year's G20 gathering amid a boycott by its most powerful member, although President Cyril Ramaphosa said the United States was now considering attending in some capacity.
Analysts see a U.S. absence or any obstructive move as an opportunity for South Africa to build closer ties to the European Union and China, its two largest trading partners.
While it seems increasingly unlikely that the meeting will culminate in a substantive declaration, the first G20 in Africa is a showcase for a continent that has fast-growing economies and vast mineral wealth.
"We are signing an unprecedented agreement," Ramaphosa said at a news conference with European Commission President Ursula von der Leyen and European Council President António Costa, after Ramaphosa's mines minister Gwede Mantashe signed the memorandum of understanding.
"We are no longer going to rely on extracting minerals only. We will want to extract those minerals, have them processed at the point of extraction ... so that South Africa begins to move up the value chain," Ramaphosa said.
EU leaders are scrambling to secure dozens of metals that are vital to the world's transition away from fossil fuels to renewable energy, for the revolution in computing and for defence, as it faces potentially damaging restrictions on supply from China, the world's main supplier of rare earths.
The EU's plans include stockpiling rare earths before rivals, including the United States, and developing a 9-million-euro joint purchasing mechanism.
"We need these inputs to power the clean-energy transition both here and in Europe. So the future of our economy depends on fair and reliable supply chains," von der Leyen said.
South African officials are hoping the summit can keep multilateralism alive in international affairs, even as U.S. President Donald Trump's administration rejects this form of diplomacy.
"We agreed to stand together in defence of democracy, in defence of multilateralism, human rights and the rule of law," Ramaphosa said, in sentiments echoed by his counterparts.
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Amid fragile calm, António Guterres urged constructive U.S.- Iran talks, while Pope Leo XIV warned violence is spreading. Lebanon's President said an Israeli strike killed 13 security personnel in Nabatieh.
Iran’s Supreme Leader Ayatollah Seyed Mojtaba Khamenei has declared a “decisive victory” over the U.S. and Israel, signalling a “new phase” in Tehran’s control of the strategic Strait of Hormuz.
Uzbekistan is advancing plans to reduce the state’s role in the economy while introducing a VAT refund system for foreign visitors, as part of broader efforts to attract investment and boost tourism.
The European Union and Washington are nearing an agreement to coordinate the production and security of critical minerals, Bloomberg News reported on Friday (10 April).
Israeli Prime Minister Benjamin Netanyahu says he has given an instruction for Israel to begin peace talks with Lebanon that would also include the disarming of Hezbollah.
Afghanistan and Pakistan have agreed to continue dialogue and avoid steps that could worsen tensions after China-hosted talks in Urumqi, with Kabul and Beijing saying the meetings focused on easing differences and improving relations.
Amid fragile calm, António Guterres urged constructive U.S.- Iran talks, while Pope Leo XIV warned violence is spreading. Lebanon's President said an Israeli strike killed 13 security personnel in Nabatieh.
Memorial events were held in Tehran’s main squares on Wednesday (8 April) to mark the 40th day since the killing of former Supreme Leader Ayatollah Ali Khamenei, who died during U.S.-Israeli attacks on 28 February.
Dubai has restricted foreign airlines to one daily flight to its airports until 31 May due to the Iran crisis, raising fears of significant revenue losses for Indian carriers, industry letters show.
A charity co-founded by Prince Harry in honour of his late mother, Princess Diana, is suing him for libel at the High Court in London, according to a court record published on Friday (10 April).
The European Union and Washington are nearing an agreement to coordinate the production and security of critical minerals, Bloomberg News reported on Friday (10 April).
In a forceful rebuke to Washington’s foreign policy in the Americas, a senior Russian diplomat has declared that Moscow will never abandon Cuba, pledging ongoing support to help the Communist-run island overcome a severe energy crisis linked to the United States embargo.
Hungary votes on Sunday in a parliamentary election that could loosen Viktor Orbán’s 16-year hold on power. His ruling Fidesz faces a strong challenge from Péter Magyar’s Tisza party, which has led some polls, though many voters remain undecided.
While a fragile ceasefire in the Iran war may deliver badly needed relief to economies battered by the world’s worst-ever energy crisis, hopes it will quickly restore normal oil and gas flows from the Middle East are almost certainly misplaced.
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