... in Resolves to South Africa for distillation products.
The merits for accelerating and expanding the scope of NDB are not only inherent in the form of more elasticity for national currencies but also bringing Asia Pacific (China), Eurasia (Europe), India (Sub-Continent), Middle East or West Asia (Iran) Africa (South Africa) and South America (Brazil) together. An immediate intra-continental set of synergies will emerge through issuing bonds, loans and even trade finance.
Some of the GCC countries also share the R in their Rials in KSA and Qatar. But they cannot contemplate being in this league, solely because they are pegged to USD and none has yet faced any of the hardships that some of the key players in this ...
... (million dollars in today’s prices)
Country
2008
2009
2010
2011
2012
2013
Source
Brazil
336,8
362,2
–
–
–
–
Brazilian Cooperation Agency (ABC)
China
1807,57
1947,65
2010,61
2841,4
–
–
Fiscal Year Book, Ministry of Finance of the People’s Republic of China
India
609,5
488,0
639,1
789,8
–
–
Annual Reports, Ministry of External Affairs, Government of India
Russia
220
789
472
514
465
609,6
OECD Development Assistance Committee, Rossotrudnichestvo
South Africa
89,2
119,5
98,4
160,5
151,9
156,7
Estimates ...
... accompanied by a more complicated monetary and financial architecture by reducing the weight of the U.S. dollar in international finance. The global economy will become more balanced if it starts to rely upon a number of power centres.
Government of South ... ... countries guarantee stability against the background of increasing instability.
Given their political and economic positions, India and Brazil do not feel that the current structure of the UN Security Council adequately reflects contemporary reality. Their ...
