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BRICS members News

16 Oct 2016

BRICS New Development Bank to lend $2.5 billion in 2017

The development bank set up by the BRICS group of emerging economies will ramp up lending to $2.5 billion next year after making its first loans to back green projects, its president KV Kamath told Reuters.

10 Oct 2016

Chinese President Xi Jinping to attend BRICS summit in India, Bangladesh

Chinese President Xi Jinping will visit Cambodia and Bangladesh and attend the eighth BRICS summit in India from October 13 to 17, it was announced on Monday.

15 Sep 2016

BRICS members agree to deny terrorists access to finance

The meeting deliberated on security issues such as counter-terrorism, cyber security and energy security, MEA spokesperson Vikas Swarup said.

11 Sep 2016

Services, trade-barriers to figure in BRICS Trade Ministers meet

Non-tariff barriers, ways to promote services sector and cooperation in intellectual property rights (IPRs) are the key issues to be discussed in the meeting of trade ministers of BRICS on October 13 here.

15 Dec 2014

BRICS expediting efforts to set up NDB at the earliest: India

India has said it has begun the internal process to set up the USD-100 billion New Development Bank (NDB) aimed at funding projects in developing nation, and hoped other BRICS members would also finalise the instruments of ratification at the earliest.

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