New Development Bank (NDB)

As a new multilateral development bank set up by the BRICS nations - Brazil, Russia, India, China and South Africa, the New Development Bank is focused on mobilizing resources for infrastructure and sustainable development in BRICS and other underserved, emerging economies for faster development through innovation and cutting-edge technology.Its focus is on sustainable development and sustainable infrastructure. The Bank will provide technical assistance for projects to be supported by the NDB and engage in information, cultural and personnel exchanges with the purpose of contributing to the achievement of environmental and social sustainability.