Posts Tagged BRICS Summit
South Africa Dream’s: BRICS Development Bank
Posted by Bogdan Marius Beleuz in Financial Transactions, Global Financial System, Trade & Development on April 26, 2012
26 Apr 2012, Pretoria, South Africa As host of the next BRICS summit next year, South Africa will take full advantage and will propose to examine the feasibility and viability of such an initiative. The new bank, which was first announced at BRISC’s meeting in New Delhi, would mobilise resources for infrastructure and sustainable development projects in BRICS and other emerging economies and developing countries.