How does SA benefit from BRICS? From which BRIC countries does South Africa receive a majority of its foreign investments and what are the sectors that receive high levels of such investment? Of the BRIC countries, China is the top investor in South Africa and the sectors that receive high levels of investments are the banking sector, mining sector (focusing on chrome), and electronic goods assembly. Overall, South Africa ranks second in China’smining investment in Africa, behind the Democratic Republic of Congo (six projects). China has expressed its desire to diversify its investments into sectors such as information technology, biotechnology, human resources, and other industry services. Renu Modi is a former director of the Centre for African Studies, University of Mumbai. Alisha Pinto is a Research and Operations Co-ordinator at Gateway House: Indian Council on Global Relations. This interview was exclusively conducted for Gateway House: Indian Council on Global Relations. t the recent Davos meeting in January 2012, South Africa stood alongside Brazil, India, and China to issue a common declaration and reaffirmation that Doha Development Rounds must be based on the principle of “reciprocity” requiring proportional commitments between developing and developed countries. At the core of the agreements would be the interest of the poor people which can be read as the ‘national interests’ in their respective home contexts. So certainly, South Africa supports the stance of the developing countries. At the Doha negotiations, South Africa and the other emerging markets of the global South are by and large on common grounds. However, they do differ in negotiations on issues of market access and the need to protect their domestic agricultural and industrial sector. Here they use defensive strategies against each other, as exemplified by Brazil and South Africa, which guard against any ‘injury’ caused to their ‘sensitive products’. These countries use import prices and quantity triggers to protect livelihoods at home. Brazil challenged the imposition of high tariffs on its poultry exports, amounting to 70 percent of South Africa’s poultry imports. Brazil disagreed with the South African allegation that it was dumping.