Algeria has been authorised to become a member of the BRICS New Development Bank (NDB), the bank's president, Dilma Rousseff, said on Saturday.
President of the New Development Bank (NDB) Dilma Rousseff, Reuters/Esa Alexander
Algeria has been authorised to become a member of the BRICS New Development Bank (NDB), the bank's president, Dilma Rousseff, said on Saturday.
A multilateral development bank, the NDB was established by the BRICS group of developing countries - Brazil, Russia, India, China and South Africa - in 2015.
Bangladesh, Egypt, the United Arab Emirates and Uruguay were admitted as new members of the bank in 2021 as part of an expansion drive.
"We have a process to authorize new members to the bank ... Algeria was authorised to become a member of the bank," Rousseff told journalists on the sidelines of the ninth annual meeting of the bank in Cape Town.
Reporting by Wendell Roelf
Syria has formally recognised Morocco's full sovereignty over the Western Sahara, Syrian Foreign Minister Asaad al-Shaibani announced Thursday during his first official visit to Rabat since the formation of President Ahmad al-Sharaa's transitional government.
The United Nations human rights chief warned on Monday that widening and intensifying violence in Sudan, as well as the rising use of drones, could lead to more death and displacement.
France and Algeria have taken a significant step toward normalising their bruised relationship, as French Armed Forces Minister Alice Rufo met Algerian President Abdelmadjid Tebboune on Saturday and agreed a roadmap to "intensify" bilateral cooperation, particularly in security and defence.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.