Colombia Joins BRICS New Development Bank in Historic Multipolar Shift

Source: Brasil 247 | Original Published At: 2025-12-28 08:57:38 UTC

Key Points

• Colombia formally joined the BRICS New Development Bank (NDB), marking its first participation in multipolar financial structures.
• NDB President Dilma Rousseff emphasized Colombia's strategic importance, potentially paving the way for full BRICS membership.
• Colombia seeks diversified financing for infrastructure, renewable energy, and state modernization, reducing reliance on IMF and World Bank.
• The move represents Colombia's geopolitical repositioning away from traditional US-aligned financial frameworks toward emerging market institutions.
• Analysts view this as a precedent-setting step for Latin American countries seeking alternatives to Western-dominated financial systems.