Dilma Rousseff outlines BRICS bank strategy to respond to global crises
Cooperation areas
Source: RT en Español | Original Published At: 2026-05-15 19:20:13 UTC
Key Points
- NDB President Dilma Rousseff emphasized the need to expand collaboration with various organizations and partners to address global crises.
- The remarks were delivered during the New Development Bank's annual board of governors meeting held in Moscow.
- Rousseff noted that traditional financing instruments are insufficient given current tariff wars, sanctions, and technology export chaos.
- The bank is formulating a new five-year strategy to sustain development progress and ensure technology reduces inequality.
- Russian Finance Minister Anton Siluanov endorsed plans to expand the bank's geographic scope and incorporate new shareholders.