Johnathan Paoli
THE National Development Bank (NDB) and its increasing role in future development projects was one of the main discussion points at the 15th BRICS Summit held in Sandton, Johannesburg this week.
This stands in line with the remarkable growth of the BRICS member states economies and the increasing recognition of the multi-polar change this represents against the uni-polarity of the west.
In remarks made throughout the summit, and specifically at the media briefing on outcomes on Thursday, the leaders acknowledged and continually referenced the need for the Global South to establish and take its place among the rest of the world, ushering in a new alternative to the constraints of the present.
Russian President, Vladimir Putin, said the need for mutual currencies settlement and united currencies remains fundamental, and although acknowledging the obstacles, he was confident that the members would reach resolutions.
Putin outlined the need to
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