The BRICS Partnership on New Industrial Revolution (PartNIR) Innovation Center and the BRICS New Growth Bank (NDB) signed a memorandum of understanding (MoU) to enhance bilateral cooperation and boost BRICS countries’ common development. The name BRICS stands for Brazil, Russia, India, China, and South Africa, a group of emerging markets. It is home to more than 40% of the worldwide population and a quarter of the global economy.
Aim: To facilitate bilateral cooperation and promote the common development of BRICS countries.
President of the NDB: Marcos Troyjo.
