BRICS bank to consider new memberships within six months - Moneylife

BRICS bank to consider new memberships within six months - Moneylife

My VIEW:

BRICS Development Bank is a natural off-shoot of the adamant and narrow approach of world bodies like IMF towards developing countries. ‘BRICS’ can become the nucleus for a much larger organisation of developing nations to promote cooperation not only in sharing resources including finance but also for establishing a common platform for creating more awareness on social issues. Viewed in this context, the move to broad-base its membership is a welcome move

M G Warrier

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