Algeria is called upon to respect international legality and the political process conducted under the exclusive aegis of the United Nations Security Council, the media outlet writes, referring to the Johannesburg II Declaration adopted by the leaders of the BRICS countries.
In this Declaration, the BRICS countries reaffirmed their commitment to multilateralism, in line with the principles of the United Nations Charter, which defends territorial integrity, non-interference in the affairs of States and the peaceful settlement of disputes.
“This position, which confirms the correctness of the Moroccan position, is a defeat for Algeria”, says the Italian media, underlining the growing support of the international community for the Moroccan autonomy plan, which “perfectly meets all the parameters of pragmatism, realism, compromise and sustainability demanded by the Security Council.
According to “AGC News”, the Johannesburg summit also rejected Algeria’s bid to join the BRICS, as “it does not meet any of the criteria required to join the group.”
Explaining “why Algiers can’t join the BRICS”, the newspaper “L’Opinione delle Liberta” points to the country’s lack of industrialization policy and vision, the absence of concrete state projects to revive the sector, and the anarchy of the tax system.
According to the media, “Algeria has been singled out as a vulnerable country, given its distance from the countries engaged in the energy transition.” “Its GDP, which does not exceed 3,500 dollars per capita, is mainly indexed to hydrocarbon revenues,” it points out.
“Dependence on oil revenues is a terrible weakness. If fossil fuel prices collapse, so will the Algerian economy,” comments the publication.
