BRICS & New Development Bank
7 shared events · Importance 3 · Last updated Jul 24, 2026
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International
BRICS: BRICS is the parent group, and Iran's membership in the NDB would strengthen the bloc's push for local currency trade and reduce dollar reliance. This enhances BRICS's geopolitical and economic influence.
New Development Bank: The NDB is the institution Iran intends to join. Its expansion to include Iran reflects its growing role as a financial platform for emerging economies, though it has not confirmed the membership.
Aug 12, 2026 · 20 articles
International
BRICS: BRICS is the central forum; the seminar aims to strengthen private capital mobilization across member countries, potentially boosting investment and economic growth.
New Development Bank: The New Development Bank is highlighted as a key multilateral institution to de-risk investments and improve project bankability, potentially increasing its role in financing infrastructure projects.
Aug 12, 2026 · 7 articles
International
BRICS: BRICS gains a new member in its development bank, Zimbabwe, which has also applied to join the bloc, potentially expanding its influence.
New Development Bank: The NDB expands its membership to Zimbabwe, increasing its reach in Africa and its portfolio of development projects.
Jul 23, 2026 · 6 articles
International
BRICS: BRICS is the central entity, hosting the conference to strengthen connectivity and cooperation among members.
New Development Bank: NDB was discussed as a source of infrastructure financing for BRICS projects.
Jul 09, 2026 · 6 articles
International
BRICS: BRICS is the central grouping discussed; its members are exploring alternatives to dollar-based payment systems, though achievements beyond the New Development Bank are limited.
New Development Bank: The New Development Bank is cited as a notable achievement of BRICS, but not directly involved in the current discussion.
Apr 20, 2026 · 6 articles
International
New Development Bank: The New Development Bank approved a loan of up to $1 billion to South Africa for urban infrastructure upgrades, reinforcing its role in funding sustainable development projects in emerging markets.
Jun 17, 2026 · 6 articles
International
New Development Bank: The New Development Bank is cited as a key example of BRICS' efforts to address the needs of developing nations.
Jun 18, 2026 · 7 articles
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