In an exclusive interview with Xinhua News Agency, a partner of TV BRICS, the president of the New Development Bank (NDB), Dilma Rousseff, said that the BRICS countries are powerful economies with great potential and opportunities for growth.
According to Rousseff, BRICS is a large emerging market with considerable economic capacity and more than 30 countries have already expressed interest in joining the association, including Thailand, Malaysia, Turkey and Azerbaijan.
The head of the financial organisation stressed that the creation of the NDB and the signing of the Reserve Contingent Arrangement was necessary for developing countries to have adequate mechanisms and instruments.
The NDB aims to guarantee investments in various sectors, such as infrastructure, social, science and health. The bank also functions as a platform for international co-operation, strengthening the position of the BRICS countries on the world stage and representing their interests.
Since its creation, the financial institution has invested around US$35 billion in various sectors and has played an important role in improving global economic governance.
Photo:
Xinhua News Agency
