Search: New Development Bank (5 materials)

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

... 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 ...

09.11.2016

Strategic Narratives of Economic Partnership: the Case of BRICS and Infrastructure

... CNN, due to the European and American preoccupation with the Greek crisis. Nevertheless, the Summit marked a significant move forward in terms of materializing ideas into tangible action plans. The recently published ‘MOU on Cooperation with the New Development Bank’ is one of the key examples that illustrate the intensified collaboration. Due to the persistence of stories in academic articles with respect to BRICS as a new actor in the arena of global governance, the following does apply: ...

22.07.2015

Looking Back On Ufa

... of a universal organisation. Furthermore, it should be mentioned that the BRICS are among those leading the way to the creation of a new international financial framework. At the 7th BRICS Summit in Ufa the long and tedious creation process of the New development Bank as well as the BRICS Contingent Reserve Arrangement finally came to an end. Agreements ratified and documents signed, these new enlightened financial institutes, who are to be governed by the principal of absolute equality, are due ...

20.07.2015

The Results of the BRICS Summit. View from India

... College, and Professor Arun Mohanty , Chairperson of the Centre for Russian and Central Asian Studies, Jawaharlal Nehru University to share their impressions about the results of the BRICS summit and to express their attitude towards the creation of the New Development Bank, BRICS membership expansion and strengthening of the influence of this organization in the world. Debasish Nandy: It is very too early to comment regarding the role of BRICS controlling the world economy and international relations ...

28.07.2014

Poll conducted

  1. In your opinion, what are the US long-term goals for Russia?
    U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements  
     33 (31%)
    U.S. wants to deter Russia’s military and political activity  
     30 (28%)
    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
     21 (19%)
 
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