With Brazil’s backing, Argentina wins acceptance to BRICs bank

batimes.com.ar Buenos Aires Times | With Brazil’s backing, Argentina wins acceptance to BRICs bank

Surprise announcement delivered by New Development Bank chief, former Brazil president Dilma Rousseff; BRICS members will formally discuss Argentina’s entry in August, but move has support of institution’s board.

The president of the New Development Bank (NDB) of BRICS, former Brazilian president Dilma Rousseff, has announced that Argentina will be accepted as a member in the coming months, a move that could open the door to fresh financial backing.

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