• Focus On: BRICS Commit to Development Bank

    , Wed 21 Nov, 07:01 am

    Brics countries - Brazil, Russia, India, China and South Africa - are working towards forming a Development Bank that would offer resources to emerging economies and developing countries.

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    • South Africa: Brics to Focus On Setting Up Development Bank - Fransman

      SAnews.gov.za (Tshwane), 21 November 2012

      Brazil, Russia, India, China and South Africa aim to conclude the setting up of a Brics development bank at the next Brics summit to be held from 25-2 March next year in Durban, the Deputy Minister of International Relations and Co-operation Marius Fransman said today.

    • Africa: Laying the Brics of Development

      ThinkAfricaPress, 13 September 2012

      The BRICS countries - Brazil, Russia, India, China and South Africa - hope to reinforce their alliance by establishing a joint development bank.