Hanekom said the University of Cape Town has discovered a novel chemical compound which has "exciting potential" to both control and eradication of malaria.

India and South Africa are hosting components of the International Centre for Genetic Engineering and Biotechnology, promoted by the United Nations.

The participants declared their intention to face the common global and regional socio-economic challenges, and emphasised that the basis for cooperation in STI among the bloc's countries should be centred on people and the public assets in order to support equitable growth and sustainable development.

"We agree that people centred and public good driven science, technology and innovation, supporting equitable growth and sustainable development, shall form the basis of our cooperation within the framework of BRICS," they said.

The Kleinmond meeting took place in the context of the First BRICS Summit held in 2009 in Yekaterinburg, Russia, where the leaders at that time envisaged cooperation in the field of science, technology and innovation with the aim to engage in fundamental research and development of advanced technologies.

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