Still No Concrete Plans for Brics Bank
No concrete decisions have been made by leaders of Brazil, Russia, India, China and South Africa on the creation of the development bank mooted by Brics.
New Mandela banknotes.
Deutsche Welle, 27 March 2013
The BRICS summit of emerging economies has agreed to create a development bank to counter-balance Western-dominated institutions. However the group failed to outline any firm ... read more »
South Africa: Go-Ahead for BRICS Development Bank
SouthAfrica.info, 27 March 2013
The leaders of Brazil, Russia, India, China and South Africa have agreed to establish a BRICS development bank to help finance infrastructure programmes and sustainable development ... read more »