BRICS New Development Bank: From Private to Public

... wealth funds, which they frequently invest in developed countries, thereby strangulating financing into the national economy. The BRICS New Development Bank, which was officially launched at the July 2015 BRICS Summit in Ufa, has been tasked with resolving ... ... Table 1 ). Table 1. Infrastructure Development Level in BRICS countries and their Priority Partner countries (2010—2014) Russia Priority Partners (average) 1 Brazil Priority Partners (average) 2 China Priority Partners (average) 3 Number of ...