“The ECC approved Pakistan’s membership in the New Development Bank, established by BRICS member countries. The committee endorsed the purchase of 5,882 capital shares in the NDB, amounting to ...

(Relevance: BRICS and the New Development Bank are important organisations from India’s point of view. UPSC has asked several questions related to BRICS. In 2016, a question was asked about the New ...

Former Brazilian President Dilma Rousseff, who now chairs the BRICS' New Development Bank (NDB) said Friday after meeting with Uruguay's President-elect Yamandú Orsi at the latter's transition ...

The New Development Bank [NDB] is committed to providing financing not only for sovereign projects, but also for private initiative projects,” Rousseff said earlier this week. Categories ...

It gives me great pleasure to welcome you all to South Africa for the Ninth Annual Meeting of the New Development Bank. It has been 10 years since Brazil, Russia, India, China and South Africa, the ...

Brazil is no exception in this regard. The Role of the BRICS New Development Bank The establishment of institutions such as the New Development Bank (NDB) and the BRICS Contingent Reserve Arrangement ...

Last December, Nigeria intensified efforts to join not only BRICS but also the G20 organization of the world's major economies and the BRICS New Development Bank. Okengwu said the partnership will ...

MINSK, 23 January (BelTA) – A Belarusian delegation headed by First Deputy Minister of Foreign Affairs Sergei Lukashevich has met with President of the BRICS New Development Bank Dilma ...

The main benefit would be access to finance offered by Brics’ New Development Bank. The New Development Bank was established as an alternative to western-dominated international financial ...

which needs financing for infrastructure development, can reduce its reliance on traditional financial institutions such as the IMF and the World Bank, and instead seek loans from BRICS New ...