Venezuela's President Nicolas Maduro shaking hands with Secretary of the Nanshan District Committee of Shenzhen City Huang Xiangyue during a welcoming ceremony in Shenzhen, China on September 9. Miraflores Palace Press Office/AFP
Venezuela's President Nicolas Maduro shaking hands with Secretary of the Nanshan District Committee of Shenzhen City Huang Xiangyue during a welcoming ceremony in Shenzhen, China on September 9. Miraflores Palace Press Office/AFP
Venezuela's President Nicolas Maduro shaking hands with Secretary of the Nanshan District Committee of Shenzhen City Huang Xiangyue during a welcoming ceremony in Shenzhen, China on September 9. Miraflores Palace Press Office/AFP
Venezuela's President Nicolas Maduro shaking hands with Secretary of the Nanshan District Committee of Shenzhen City Huang Xiangyue during a welcoming ceremony in Shenzhen, China on September 9. Miraf

Venezuela's Maduro seeks China's help to join Brics


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Venezuelan President Nicolas Maduro has said he is seeking Beijing's support to join the recently expanded Brics group of emerging economies.

The Brics bloc - Brazil, Russia, India, China and South Africa - agreed at their annual summit last month to admit six new full members, including the UAE, Saudi Arabia and Iran.

In an interview with Chinese state news agency Xinhua on Saturday, Mr Maduro said he aimed to secure Venezuela's entry into Brics "with the support of China, with the support of all countries."

During his state visit Maduro said that Beijing could help achieve the accession of "a country with the largest oil reserves in the world."

"The enlarged Brics could be defined as the great engine for the acceleration of the birth of a new world, a world of cooperation where the global south has the leading voice," he told Xinhua.

"The Brics nations accelerate the de-dollarisation of the world, the emergence of a new international financial system, of a new just economic order," he added.

The Venezuelan president arrived in China on Friday and is expected to stay until Thursday, for his first state visit to the country since 2018.

Beijing is Venezuela's main creditor and has close ties with the diplomatically isolated, inflation-ravaged socialist nation.

The Brics group will welcome its new members from January 1.

Egypt, Ethiopia and Argentina have also been invited to join.

China views Brics as a counterweight to multinational organisations it deems as dominated by the United States and other western rivals, and has pushed for the expansion of the bloc.

Maduro's visit comes as Chinese President Xi Jinping skips a meeting of the G20 major economies in India.

He had praised the "unanimous" decision to expand Brics last month.

“Brics countries are all countries with important influence and shoulder important responsibilities for world peace and development,” he said at the time.

“This membership expansion is historic. It shows the determination of Brics countries for unity and co-operation with the broader developing countries.”

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RESULTS
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In numbers

1,000 tonnes of waste collected daily:

  • 800 tonnes converted into alternative fuel
  • 150 tonnes to landfill
  • 50 tonnes sold as scrap metal

800 tonnes of RDF replaces 500 tonnes of coal

Two conveyor lines treat more than 350,000 tonnes of waste per year

25 staff on site

 

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Key findings of Jenkins report
  • Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
  • Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
  • Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
  • Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

UAE currency: the story behind the money in your pockets
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Sri Lanka-India Test series schedule

 

  • 1st Test India won by 304 runs at Galle
  • 2nd Test Thursday-Monday at Colombo
  • 3rd Test August 12-16 at Pallekele
Brief scoreline:

Toss: South Africa, elected to bowl first

England (311-8): Stokes 89, Morgan 57, Roy 54, Root 51; Ngidi 3-66

South Africa (207): De Kock 68, Van der Dussen 50; Archer 3-27, Stokes 2-12

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Updated: September 10, 2023, 1:05 PM