Considering key economic zones are more or less already under the control of UAE contingent - a new member of the bloc (#brics) - we (Tanzania) have already sold short any chance of meaningful economic participation/exploit with the bloc amid financial multi polar economy they look to have in place. This is ofcourse, considering the DubaiPort contract, voidable as it is, is not nullified by Tanzania's high court.
In addition, implicities from the bloc, are those that seek to grow member states personal economic exploits through promotion of local fiduciary prints of member states by forcing the legitimacy of demand in currencies not contested for on the financial market, through promotion of bilateral trade (that goes hand in hand with promotion of individual currencies).
Expect import oriented activities from non-member countries that have little to offer global market.
This version of fx multipolarity will bottleneck market participation exploits, as there is only so much you can do on the global market with a currency not heavily in demand for both nations trades-persons. Something that wouldn't have been the case with a #brics currency as expanse in characteristics asbthat the USD.
Global market participants as Tanzania, of which have key economic exploits tied to contracts under members of the BRICS contingent, should expect to rack up import oriented debt on trade that isn't disposed development projects; rather - grain, fuel, etc at the expense of raw materials & precious stones in paying back promoted bilateral exports from #bric nations.
Tanzania should've had a portfolio worth submiting towards business summit, but rather find themselves in a situation where the UAE through Dubai-Port-World have theirs well accepted, with Tanzania a potential proposition under it's (UAE's) protfolio in value the nation brings abord #BRICS.
If nullification of intergovernmental agreeement between Tanzania and the UAE fails, the nations best bet is racking up debt through development banks & other global financial institutions to press forth development goals, as derivatives under IGA, considering debt securities, is improbable, if not minuscule and dis-equitable.Tanzania would then further need to exploit gravity economics (through the EAC & AfCFTA) if they look to withstand possible economic terrain expected from an acceleration of global trade war this recent business summit is bound to suffice.
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