PPT on Brics international organisations

BRICS is an intergovernmental organization comprising Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates. Originally identified to highlight investment opportunities,[1] the grouping evolved into a geopolitical bloc, with their governments meeting annually at formal summits and coordinating multilateral policies since 2009. Bilateral relations among BRICS are conducted mainly based on non-interference, equality and mutual benefit.[2

1. Welcome to my presentation

2. BRICS BANK: INTRODUCTION The New Development Bank (NDB), formerly referred to as the BRICS Development Bank, is a multilateral development bank operated by the BRICS states (Brazil, Russia, India, China, South Africa) . The NDB is a multilateral financial institution established in 2015 by BRICS It has its headquarters in Shanghai, China. All the founding member nations of BRICS NDB enjoy equal shareholding and voting rights in the governance of the bank. Current president: Marcos Prado Troyjo from Brazil. Mr.K.V . Kamath from India was the first president of the NDB (2015-2020).

3. OBJECTIVES OF BRICS Bank

4. Functions of BRICS Bank Supporting public or private project through loans. Providing guarantees for equity participation.
Cooperating with international organizations and other financial entities.
Providing technical assistance for projects.
Providing right type of finance to development plans. Provides Emergency financial assistance to fight against situations like COVID 19

5. Importance Global growth Economic policy-making Global financial architecture Global Representation Source of foreign expansion

6. Recent Member Countries In September 2024, Algeria was admitted as a member of the NDB. Potential members include Honduras and Zimbabwe.
Saudi Arabia,Iran,Ethiopia,the United Arab Emirates and Egypt joined BRICS in 2024

7. Some latest News NDB Signs R5 Billion Loan Agreement with Transnet to improve and modernise South Africa’s Freight and Rail sector. New Development Bank and Bank of Huzhou Sign Loan Agreement for Sustainable Infrastructure Projects New Development Bank and Islamic Development Bank Strengthen Institutional Ties and Cooperation NDB Signs Debut USD 2 Billion Syndicated Loan

8. Thank you