Briscs 2014 – New Development Bank to be established in 2 years

Briscs-2014---New-Developme

Briscs 2014 – New Development Bank to be established in 2 years

PM Narendra Modi visits Brazil to attend Brics 2014 association meet. In this meeting the proposal of united bank of 5 countries (Brazil, Russia, India, China & South Africa ) is agreed and it is named as New Development Bank. India is going to manage organization of the the bank for the first 6 years.

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