... Russia, India, China, 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 ...
Search: Russia,New Development Bank (2 materials)
... 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 ...
Korean Peninsula Crisis Has no Military Solution. How Can It Be Solved?
Demilitarization of the region based on Russia-China "Dual Freeze" proposal 36 (35%) Restoring multilateral negotiation process without any preliminary conditions 27 (26%) While the situation benefits Kim Jong-un's and Trump's domestic agenda, there will be no solution 22 (21%) Armed conflict still cannot be avoided 12 (12%) Stonger deterrence on behalf of the U.S. through modernization of military infrastructure in the region 4 (4%) Toughening economic sanctions against North Korea 2 (2%)