The New Development Bank (NDB) welcomes the Republic of Uzbekistan as its newest member country and the first country from Central Asia to join the Bank. With Uzbekistan’s accession, the total number of NDB member countries has reached ten.
On June 5, 2026, Uzbekistan deposited its instrument of accession, in line with the provisions of the Articles of Agreement of the NDB.
On behalf of the New Development Bank, H.E. Mrs. Dilma Rousseff, NDB President, warmly congratulated Uzbekistan on joining the Bank.
“The New Development Bank warmly welcomes Uzbekistan to the growing family of NDB member countries,” said President Dilma Rousseff. “Uzbekistan has demonstrated truly remarkable economic performance. It brings to the Bank a vibrant and dynamic economy, supported by the country’s strong commitment to sustainable development and international cooperation.”
“NDB is fully determined to support Uzbekistan’s sustainable development agenda, including projects in such areas as clean energy, water resource management, transportation and other strategic areas. We look forward to working closely with our partners in Uzbekistan to identify and finance impactful projects that support the country’s development agenda in line with its national priorities and goals,” highlighted Mrs. Dilma Rousseff.
The New Development Bank’s membership expansion is in line with the Bank’s strategy to become a leading provider of solutions for infrastructure and sustainable development for emerging market economies and developing countries (EMDCs).
NDB will continue to pursue gradual, balanced membership expansion and strengthen its role as a knowledge sharing and collaboration platform for EMDCs, facilitating cooperation and mobilizing resources for infrastructure and sustainable development projects, in line with its mandate, said Mrs. Dilma Rousseff.
Background Information
The New Development Bank is a multilateral development bank established by Brazil, Russia, India, China and South Africa (BRICS) with the purpose of mobilizing resources for infrastructure and sustainable development projects in emerging markets and developing countries. In 2021, NDB welcomed its first non-founding members and continues to expand, positioning itself as a platform for wider collaboration among EMDCs.