BRIC reasonably similar to that of Brazil and Russia, and slightly above that of India. South Africa is a "gateway" to Southern Africa and Africa in general as the most developed African country. China is South Africa's largest trading partner, and India wants to increase commercial ties with Africa. South Africa is also Africa's largest economy, but as number 31 in global GDP economies it is far behind its new partners. Jim O'Neill expressed surprise when South Africa joined BRIC since South Africa's economy is a quarter of the size of Russia's (the least economically powerful BRIC nation). He believed that
Johan Vande Lanotte Johan Vande Lanotte Johan Cyrille Corneel Vande Lanotte (born 6 July 1955) is a Belgian politician. He is a member of the SP.A, and became its party president on 15 October 2005. He handed down his leadership positions after the SP.A lost in the 2007 general election. Between 5 December 2011 and October 2014, he was Deputy Prime Minister, and Minister of Economy, Consumer affairs and North Sea in the Di Rupo I Government. With the formation of a new Centre-Right federal government, which excluded his party, Johan Vande Lanotte returned to local politics in October 2014 in Ostend, where