Showing posts with label BRICS bank. Show all posts
Showing posts with label BRICS bank. Show all posts

BRICS bank opens cooperation opportunities with S America: PM



 BRICS bank opens cooperation opportunities with S America: PM
Narendra Modi has said the organization of the BRICS growth bank opens up newer opportunities of assistance with nations of South America.

"Our negotiations today should throw up new ideas for corporation between BRICS and South America. BRICS nations have already started a new episode in this with the BRICS New expansion Bank. This will open up newer opportunities of teamwork," he told leaders from South America.

South American presidents were particularly invited by Brazilian President Dilma Rousseff for a gathering yesterday on the sidelines of the peak of the five-nation federation.

Modi said South America has wonderful possible.

"It is sacred with vast capital and aptitude. It can become an significant pillar of the worldwide financial system. In the face of financial indecision its expansion can be central for universal affluence," he said.

In a globalised and inter-connected world, he said, "our destinies are inter-linked".