BRICS development bank admits Bangladesh as new member, together with UAE and Uruguay.

Bangladesh joins the New Development Bank (NDB) set up by the BRICS (Brazil, Russia, India, China, and South Africa) in 2015.

NEWSBANGLADESH NEWS

MBBC Team

9/6/20211 min read

The New Development Bank (NDB) set up by the BRICS (Brazil, Russia, India, China, and South Africa) in 2015 has approved Bangladesh as a new member.

One of the world’s fastest growing economy in the world, Bangladesh needs substantial amount of external financing to continue its development, especially in infrastructure.

https://www.reuters.com/world/middle-east/brics-development-bank-admits-uae-bangladesh-uruguay-new-members-2021-09-02/

https://www.southasiamonitor.org/bangladesh/bangladesh-benefit-brics-bank

https://thefinancialexpress.com.bd/economy/bangladesh-joins-new-development-bank-as-its-member-1630565737