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Speech by the President of the NDB, Dilma Rousseff, at the XV BRICS Summit, August 24, 2023

· Dilma Rousseff, President of the New Development Bank (BRICS) (International)

Summary written by Dark Majestic in its own words · topics: climate, energy and nature, trade, fragmentation and geopolitics, development and emerging economies, growth, investment and productivity

DR
· Dilma Rousseff Wiki · New Development Bank (BRICS) WikiSpeech by the President of the NDB, Dilma Rousseff, at the XV BRICS Summit, August 24, 2023

ContextSpeech at the BRICS-Africa outreach of the 15th BRICS Summit in Johannesburg, hosted by South Africa's President; the New Development Bank funds infrastructure in emerging economies and plans to expand.

Why it mattersRousseff aligns the bank's priorities with Africa's Agenda 2063.

Problems raised
  1. Climate crisis, inequality and low growth combine.
  2. Protectionism fractures global value chains.
  3. Sanctions and geopolitics fragment the economy.
Solutions proposed
  1. Align NDB priorities with Africa's Agenda 2063.
  2. Finance projects addressing pressing challenges.
  3. Expand NDB role for developing countries.
Read full speech on ndb.int ↗

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