Fortaleza Declaration
Is BRICS Bank Going Against the IMF? Brazilian President Rousseff Says No
| Marcel Woo | | Jul 16, 2014 07:16 PM EDT |
The new development bank set up by the emerging-market bloc of BRICS (Brazil, Russia, India, China and South America) is not going against the existing western-backed International Monetary Fund (IMF), said Brazilian President Dilma Rousseff.
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