In August 2023, the New Development Bank participated in the 15th BRICS Summit, held in South Africa under the theme of “BRICS and Africa: Partnership for Mutually Accelerated Growth, Sustainable Development and Inclusive Multilateralism”.
It was the first BRICS Summit to be hosted in person since the emergence of the COVID-19 pandemic.
As a key pillar and a tangible outcome of the BRICS cooperation mechanism, NDB plays an important role in supporting the aspirations of its member countries towards sustainable development.
At the Summit, NDB showcased its unique position in terms of its mandate and potential to contribute to global growth and development in emerging markets and developing countries.
BRICS Leaders on the New Development Bank
In Johannesburg II Declaration adopted by the BRICS Leaders on August 24, 2023, the key role of the NDB in promoting infrastructure and sustainable development in its member countries is recognized.
NDB President Dilma Rousseff Reported to BRICS Leaders
On August 23, 2023, H.E. Mrs. Dilma Rousseff, the President of the New Development Bank (NDB), delivered her report to the Leaders of Brazil, Russia, India, China and South Africa at the 15th BRICS Summit, emphasizing the NDB’s role in supporting sustainable and inclusive development in the member countries of the Bank.