Tuesday, April 08, 2025
name of Prensa Latina
Bandera inglesa
English Edition
Search
Close this search box.
name of Prensa Latina

NEWS

NEWS

China congrats Rousseff for reelection in New Development Bank

Beijing, Apr 2 (Prensa Latina) The Chinese Foreign Ministry congratulated former Brazilian President Dilma Rousseff on Wednesday for her re-election as the Chair of the BRICS New Development Bank (NDB).

Foreign Ministry Spokesperson Guo Jiakun noted that China welcomes Rousseff’s continuity leading the NDB and acknowledges her role in promoting development cooperation.

Guo also reiterated support for that bank and Beijing’s commitment to strengthening financial institutions led by the BRICS countries.

According to official information, the NDB is a multilateral development bank established by the BRICS states to mobilize resources for infrastructure and sustainable development projects in developing and emerging nations.

BRICS, initially founded by Brazil, Russia, India, China, and South Africa, expanded in January 2024 to embrace Saudi Arabia, Egypt, the United Arab Emirates (UAE), Ethiopia, and Iran. Indonesia joined the bloc in January 2025.

Other nations, including Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Nigeria, Thailand, Uganda, and Uzbekistan, joined BRICS as associate members.

jrr/iff/oda/idm

LATEST NEWS
RELATED