h***y
发帖数: 4936 | 1 DURBAN, South Africa (AFP) - The BRICS grouping of emerging powers on
Tuesday reached a deal to establish a development bank that would rival
Western-backed institutions, South Africa's finance minister told AFP.
"It's done," minister Pravin Gordhan said after meeting with his
counterparts from Brazil, Russia, India and China.
"We made very good progress, the leaders will announce the details," he
added, just hours before a summit in the South African port city of Durban.
The bank is likely to focus on infrastructure financing, a direct challenge
to seven decades of dominance by the World Bank. | h***y
发帖数: 4936 | 2 http://www.aljazeera.com/news/africa/2013/03/20133268641350653.
Al Jazeera And Agencies
But Russian Finance Minister Anton Siluanov said that the group's ministers
were unable to agree on some of the details of the project.
"A decision on the location of the bank and funding still needs to be made,"
he told reporters in Durban, adding that
further steps would be required before the BRICS development bank could be
created.
Together the BRICS account for 25 percent of global GDP and 40 percent of
the world's population.
But members say institutions such as the World Bank, the International
Monetary Fund and the UN Security Council are not changing fast enough to
reflect their new-found clout.
Disputes remain over what the new bank will do, with all sides trying to
mould the institution to their own foreign or domestic policy goals, and
with each looking for assurances of an equitable return on their initial
investment of about $10bn. |
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