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Tag: NEW DEVELOPMENT BANK

Business / economics

Analyzing Zimbabwe’s BRICS Aspirations: Strategic Move or Political Fantasy?

March 8, 2025March 8, 2025 - by Carmen Mendez - Leave a Comment

Zimbabwe’s aspiration to join BRICS has been met with skepticism due to its economic and governance challenges. While the government presents this move as a chance for new trade opportunities …

Analyzing Zimbabwe’s BRICS Aspirations: Strategic Move or Political Fantasy? Read More
Companies

Pakistan to Acquire Stake in BRICS New Development Bank for Economic Diversification

March 3, 2025March 3, 2025 - by Carmen Mendez - Leave a Comment

Pakistan is set to invest $582 million for a 1.1% stake in the BRICS-backed New Development Bank (NDB) to diversify credit sources. The bank, founded in 2014, aims to fund …

Pakistan to Acquire Stake in BRICS New Development Bank for Economic Diversification Read More
Politics

Uruguay’s Prospective Involvement in the BRICS Summit

March 2, 2025March 2, 2025 - by Allegra Nguyen - Leave a Comment

Brazilian President Lula invites Uruguay to the BRICS summit while emphasizing the importance of multilateralism and free trade. Uruguay’s potential membership in the New Development Bank is nearing completion, yet …

Uruguay’s Prospective Involvement in the BRICS Summit Read More
Technology

Ethiopia’s Participation in the Inaugural BRICS Sherpas Meeting for 2025

March 1, 2025March 1, 2025 - by Liam Nguyen - Leave a Comment

Ethiopia, represented by a delegation led by Mamo Mihretu, is participating in the First BRICS Sherpas Meeting for 2025 in Brasilia. The meeting emphasizes multilateralism and includes discussions on Ethiopia’s …

Ethiopia’s Participation in the Inaugural BRICS Sherpas Meeting for 2025 Read More
Technology

Sri Lanka’s BRICS Membership Application Status Clarified by Foreign Ministry

November 10, 2024November 10, 2024 - by Liam Nguyen - Leave a Comment

Sri Lanka’s application to join BRICS has not been rejected, according to the Foreign Ministry. The government maintained that its desire to join the New Development Bank was welcomed by …

Sri Lanka’s BRICS Membership Application Status Clarified by Foreign Ministry Read More
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