A Colombia was admitted to New BRICS Development Bankinitially formed by Brazil, Russia, India, China and South Africa, an adhesion that will allow him to diversify his alliances and have new sources of funding for strategic projects, the presidency announced on Thursday (19).
President Gustavo Petro submitted the request for membership in mid -May, during a visit to China, where he signed one, an ambitious global integration project led by the Asian giant.
“A Colombia officially joins the New BRICS Development Bank“, said the Colombian presidency in his X account.” This adherence opens new opportunities for financing for strategic projects And it is a fundamental step in diversifying alliances and strengthening the economy of the country. “
Petro, who in January said earlier that adherence to New Development Bank search as the International Monetary Fund (IMF) and the World Bank.
Created in 2015 by the countries of Bricso New Development Bank It is a multilateral entity designed to mobilize resources for infrastructure and sustainable development projects in markets and emerging countries.
Recently, which makes it a growing diplomatic counterweight to traditional western powers.
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