Exclusive Interview: NDB Chief Highlights BRICS Vision for a Sustainable Future
In a candid chat with CMG's Zou Yun, New Development Bank (NDB) President Dilma Rousseff outlined how the BRICS-backed institution is reshaping global finance to empower emerging economies. Rousseff, Brazil's former president and current leader of the Shanghai-headquartered bank, emphasized the NDB's commitment to 'fostering partnerships, not dependencies' ahead of Chinese President Xi Jinping's April visit to the bank.
🌱 Sustainability Over Profit
'We’re not here to compete with traditional banks,' Rousseff said. The NDB prioritizes green energy, digital infrastructure, and poverty reduction projects across the Global South. With her term extended until 2028, she stressed alignment with China's vision of a 'shared future for mankind,' including expanding loans in local currencies to reduce dollar reliance.
💡 Xi’s Visit & What’s Next
President Xi’s recent NDB headquarters tour reaffirmed China’s support for the bank’s work. Rousseff hinted at new partnerships with non-BRICS nations, describing the NDB as a 'bridge for equitable growth' in a multipolar world. Young entrepreneurs, take note: she teased a 2024 youth-focused development fund!
