Search: India,New Development Bank (2 materials)

Where Is BRICS Headed? On the Results of the Goa Summit

... and South Africa. Expert recommendations drafted at the scheduled meeting of the Goa BRICS Academic Forum in September were brought to the attention of the heads of state. What changes did take place in a little over a year between Russia’s and India’s summits? First, the New Development Bank BRICS (NDB BRICS) was launched . The bank invested in the first “clean energy” projects in the member states, one project per state. In Russia, this is the construction of a hydroelectric power plant in Karelia . The ...


The Results of the BRICS Summit. View from India

... expenses has been increased rapidly. China is trying to establish its self as a great power. It often involves in shadow border conflict with India. China's goal to be a super power and exercise hegemony over the globe may create obstacles for BRICS. India is also trying to survive with China. I think the first condition of a successful international organization in mutual understanding among the members. BRICS is not quite ideal in this context. Arun Mohanty Arun Mohanty: The decision to create New Development Bank is a land mark event in the post-war global history Professor, Chairperson, Centre for Russian and Central Asian Studies, School of International Studies, Jawaharlal Nehru Universirty The decision to create the New Development Bank ...


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