Thank you, Chairperson. Hon Mr Worth, in terms of population density South Africa is smaller than the other three members of Brics. However, the South African economy and overall institutions in South Africa are so advanced that we bring lots of value into that body. Let's take the analogy of group sports. In a rugby team we normally find well- built gentlemen chasing after an oblong ball. If you don't have that big body, you have to bring three things: You have to bring a sharper brain, agility and speed.
I hope that if we grow the South African economy and companies in a manner that will ensure that, in terms of research and development, we bring about innovation and cutting-edge technology, we are not alone. In a sense, we are an integral part of a continent that has been identified as the next key growth point economically in the world. It is for mainly that reason that we have been invited to sit in Bric. Thank you.