Russian Deputy Foreign Minister Sergei Ryabkov said that the new BRICS development bank does not refuse to finance projects in Russia, difficulties arise in this regard due to the line of the West. In this respect he is writing TASS.
“The refusal of the New Development Bank to finance projects in Russia did not happen. “Difficulties arose in the implementation of some aspects of this work due to the sanctions pressure from the Western group that is hostile to us,” the Deputy Minister said at a press conference on the results of the BRICS summit.
The bank’s president, Dilma Rousseff, said in an August 22 interview with the Financial Times that the NBI is suspending all its operations in Russia to avoid sanctions. On July 27, “X” (formerly Twitter) wrote that NBR is not yet considering new projects in Russia. Rousseff explained that the bank “acted in accordance with current restrictions in the financial and international capital markets” and that “any suggestion to the contrary is unfounded”.
BRICS members are Brazil, Russia, India, China and South Africa. The BRICS summit was held in Johannesburg on 22-24 August. The Forum was the first face-to-face meeting of the leaders of the alliance countries in three years without Russian President Vladimir Putin. The Russian leader participated from afar.
Previously it happened It is known what will happen to the BRICS after the entry of new countries.
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.