NEWS

Rediff.com » News

BRICS leaders create emergency reserve fund, development bank
July 16, 2014
The leaders of the group of five BRICS emerging market countries signed on Tuesday a deal to create a new development bank and an emergency reserve fund, Brazil's President Dilma Rousseff announced at a summit of the group in the Brazilian city of Fortaleza.

The BRICS group consists of Brazil, Russia, India, China and South Africa.
© 2024 Rediff.com