Uzbekistan intends to closely cooperate with the new BRICS development bank — Mirziyoyev – World

KAZAN, October 24. /TASS/. Uzbekistan intends to establish close cooperation with the New BRICS Development Bank for the implementation of investment projects, Uzbek President Shavkat Mirziyoyev said at the BRICS Plus/Outreach meeting as part of of the BRICS summit in Kazan.

He stressed the importance of supporting developing countries to “overcome pressing social and environmental challenges, reduce poverty, narrow the technology gap and modernize infrastructure.” “International financial institutions can and should play an important role in this regard. Uzbekistan intends to establish close cooperation with the new BRICS development bank for the implementation of previous investment and social projects “, said the president.

From October 22 to 24, the 16th BRICS Summit will be held in Kazan, which is the key event of the Russian presidency of the association. On the second day of the summit, participants adopted the Kazan Declaration. Among the main themes of the document are the development of the association, the position on global problems, the settlement of regional crises, especially in Ukraine and the Middle East. The BRICS group was founded in 2006 by Brazil, Russia, India and China, and South Africa joined in 2011. On January 1, 2024, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates became its full members. members. The Kazan summit is the first in which the new members of the integration participate.