Currencies:
RUB/USD 0,0106
0,0000
BRL/USD 0,1906
0,0006
INR/USD 0,1197
0,0000
CNY/USD 0,1379
0,0001
ZAR/USD 0,5254
0,0019
Weather:
Moscow 14 °C
Brazilia 24 °C
New Delhi 36 °C
Beijing 17 °C
Pretoria 27 °C
Cairo 29 °C
Tehran 28 °C
Abu Dhabi 31 °C
Menu
Home
News
Videos
Podcasts
Menu
Иконка с часами 14 minutes 2 sec.
Ambassador of Ethiopia to Russia Uriat Cham Ugala/ “Joining BRICS is a growth opportunity for Ethiopia”
Иконка с часами 20 minutes 11 sec.
Douw Vermaak/ «Relations between Russia and South Africa are getting stronger»
Иконка с часами 8 minutes 22 sec.
Anthony Phiri, Harare Institute of Technology/"The world needs to work together to reduce greenhouse gas emissions"
11.04.2417:12 Society
UAE joins media co-operation with BRICS countries through TV BRICS network
05.04.2415:17 Society
TV BRICS to promote Cuba's co-operation with BRICS+ countries in the film industry
01.04.2412:56 Culture
Viewers of Venezuela's parliamentary TV channel to see programmes about small towns in Russia
Brazil BRICS
06.03.24 08:31
Economics

Asian Infrastructure Investment Bank to provide funds to boost Brazil's development

The parties discussed long-term co-operation


The Asian Infrastructure Investment Bank (AIIB) is ready to provide a large amount of funds to stimulate Brazil's economic and social development. This was announced by the bank's president Jin Liqun at a meeting with Brazilian President Luiz Inacio Lula da Silva. BRICS Bank President Dilma Rousseff and Finance Minister Fernando Haddad also took part in the discussions.

An AIIB spokesman said the bank has already developed three projects for Brazil worth US$350 million. President Jin Liqun said the meeting only focused on intentions for long-term co-operation, including with the BRICS New Development Bank.

"Brazil is part of the AIIB, which invests in development projects outside Asia. We talked about the possibility of expanding the bank's investments and contribution to the economic and social development of our country"

Luiz Inacio Lula da Silva Brazilian President

Liqun added that the two sides agreed to realise promising projects such as the construction of infrastructure, railways, airports, seaports and the use of renewable energy. This is reported by Toda Palavra, a partner of TV BRICS.

Photo: Toda Palavra/ Ricardo Stuckert
Short
and to the point
Once a week we will cover news in the BRICS countries
By clicking on the "Subscribe" button, you agree to the processing of personal data

MORE ON THE TOPIC

19.04.2411:45 Economics
Lula da Silva favours creation of South American bank
19.04.2409:05 Economics
South Africa's consumer inflation falls in March
18.04.2408:31 Economics
China's central bank keeps medium-term interest rate
17.04.2414:17 Economics
Tehran and Moscow finalise draft contract to implement agreement on construction of Rasht-Astara Railway
17.04.2413:30 Economics
Brazilian government sets 2025 fiscal target of zero primary deficit
17.04.2412:56 Economics
More than 200 companies with Chinese investment in South Africa create over 400,000 local jobs
19.04.2411:18 Personalities
Russian Deputy Foreign Minister Sergey Ryabkov: BRICS moves forward, creating important precedent
17.04.2415:35 Personalities
President of Russian Chamber of Commerce and Industry Sergey Katyrin: experts expect BRICS to account for 90 per cent of global GDP by 2050
12.04.2414:17 Society
Patricia Villegas Marin, President of teleSUR, one of the largest agencies in Latin America: BRICS is hope
Short
and to the point
Once a week we will cover news in the BRICS countries
By clicking on the "Subscribe" button, you agree to the processing of personal data