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BRICS must prioritise New Development Bank

BRICS recognises that NDB must become better integrated with its growing financial agenda. The 2025 BRICS Leaders’ Declaration agreed to incubate the BRICS Multilateral Guarantees initiative within NDB as a pilot initiative. It also encouraged continued dialogue between the BRICS Interbank Cooperation Mechanism and NDB.
Published on Sep 11, 2026 01:09 IST