https://en.sputniknews.africa/20230912/maduro-says-ordered-govt-to-speed-up-procedures-required-for-venezuela-to-join-brics-bank-1062051699.html
Maduro Says Ordered Government to Speed Up Procedures Required for Venezuela to Join BRICS Bank
Maduro Says Ordered Government to Speed Up Procedures Required for Venezuela to Join BRICS Bank
Sputnik Africa
MOSCOW (Sputnik) - Venezuelan leader Maduro has repeatedly voiced the country's intention to join the BRICS bloc. In August, he announced that Venezuela had... 12.09.2023, Sputnik Africa
2023-09-12T10:24+0200
2023-09-12T10:24+0200
2023-09-12T10:29+0200
nicolas maduro
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Venezuelan President Nicolas Maduro said on Tuesday that he had ordered the government to facilitate procedures required for joining the BRICS New Development Bank (NBD).On Sunday, Maduro met with the lender's head, former Brazilian President Dilma Rousseff. On September 6, the financial minister also held a meeting with the bank's executive.In March 2013, Brazil, Russia, India, China and South Africa agreed to establish the development bank at the fifth annual BRICS summit held in the South African city of Durban. In July 2014, the BRICS states gathered at the next summit in the Brazilian city of Fortaleza and signed an agreement on the establishment of the bank. The NBD came into existence in July 2015 during the inaugural meeting of the bank's board of governors in Moscow. NBD's main objective is to finance infrastructure and sustainable development projects in the BRICS member countries.
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Maduro Says Ordered Government to Speed Up Procedures Required for Venezuela to Join BRICS Bank
10:24 12.09.2023 (Updated: 10:29 12.09.2023) MOSCOW (Sputnik) - Venezuelan leader Maduro has repeatedly voiced the country's intention to join the BRICS bloc. In August, he announced that Venezuela had formally applied to join the group and was expecting a positive decision on the matter.
Venezuelan President Nicolas Maduro said on Tuesday that he had ordered the government to facilitate procedures required for joining the BRICS New Development Bank (NBD).
"We are going to start the process [of accession]. I have ordered Financial Minister and Executive Vice-President Delcy Rodriguez to take all necessary steps and measures to facilitate submission of Venezuela's application to join the BRICS bank," the president said on the "With Maduro +" ("Con Maduro +") program.
On Sunday, Maduro met with the lender's head, former Brazilian
President Dilma Rousseff. On September 6, the financial minister also held a meeting with the bank's executive.
In March 2013, Brazil, Russia, India, China and South Africa agreed to establish
the development bank at the fifth annual BRICS summit held in the South African city of Durban. In July 2014, the BRICS states gathered at the next summit in the Brazilian city of Fortaleza and signed an agreement on the establishment of the bank.
The NBD came into existence in July 2015 during the inaugural meeting of the bank's board of governors in Moscow.
NBD's main objective is to finance infrastructure and sustainable development projects in the BRICS member countries.
