BRICS pay in 1st tranche of $750 mn to BRICS Bank capital
The signing of joint documents following the BRICS leaders meeting in Ufa, Russia on 9 July 2015 [PPIO]BRICS members made their first contributions worth a total of $750 million to the capital of the New Development Bank BRICS, an official statement said on Thursday.
According to the report, the tranches to the bank’s capital were paid in accordance with the lender’s agreement signed during the BRICS Summit last year.
