Brics Development Bank to be Established



Author:
enewschannel
Publisher:
enewschannel
Publication Date:
28 March 2013
Tags:

The first Brics summit on African soil has ended with an agreement to start formal negotiations to establish a development bank for the group. However, details are limited about where it will be located and how much each member country will have to contribute.




InFocus

Brics Development Bank to be Established

The fifth Summit of Heads of State and Government of the world's emerging national economies, Brics, intends to launch a bank that will gather funds aimed at promoting investment ... Read more »