#BreakingNews BRICS Bank in Membership Talks With Saudi Arabia, Report Reveals
By: TOGRP
May 29, 2023 5:13 AM / 0 Comments International News In Brief News ZentaNewsDesk Banking and Finance ZentaPost
The BRICS bank was created as an alternative to similar Western-led institutions and is reportedly seeking to expand its funding options. This interest in expansion comes amidst the imposition of sanctions on one of its founding shareholders,
The BRICS bank was created as an alternative to similar Western-led institutions and is reportedly seeking to expand its funding options. This interest in expansion comes amidst the imposition of sanctions on one of its founding shareholders,Russia.
The outcome of these negotiations between Saudi Arabia and the BRICS bank is not specified in the provided search results. If successful, this could mark a significant expansion for the BRICS institution and potentially alter the geopolitical dynamics within international financial institutions.