Gustavo de Carvalho

Unpacking the New Development Bank’s work and progress since its formation

The New Development Bank, formerly known as the BRICS Development Bank, is a multilateral development bank established by BRICS countries which have a combined share of 24% of global GDP and 16% share in world trade. The idea of setting up NDB was first conceived in 2012 during BRICS Summit in New Delhi, India. In this conversation, we unpack some of the bank’s work and progress since its formation in 2015.  

SAIIA’s leading experts are available for interviews in person or virtually. We can also arrange for press to conduct interviews on-site at our headquarters in Johannesburg or at our Cape Town office.
The views expressed are those of the interviewees and do not necessarily reflect the views of the South African Institute of International Affairs (SAIIA).

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