During the summits have been held, with the signing of a memorandum of understanding (MoU) on cooperation between the Member countries of the Bank include Banco Nacional de Desenvolvimente Economico e Social (BNDES) of Brazil, the China Development Bank Corporation (CDB), Export-Import Bank of India (Exim Bank India) and State Corporation Bank for Development and Foreign Economic Affairs (Vnesheconombank) Russia to facilitate and support the financial operations in the project with mutual benefits, as well as in the matter of cross border transactions in order to strengthen and expand the economic and trade relation between each other. In addition, the meeting was also to study the possible establishment of an international interbank members.The third BRIC Summit held at Sanya city, Hainan Province, China. On April 14, 2010 the President of the country have come to South Africa to attend the meeting, and at the end of the year it has been ... South Africa came as new members of the BRIC group, made a brief "S" in South Africa added to become BRICS countries, which currently groups by obtaining ... South Africa came bundled with it, so that it is the gateway to Africa, both in terms of investment and development. In the meeting, they also have to establish the slogan "visionary to share success (Broad vision, Shared Prosperity)" in order to create a Luge in the BRICS countries group's cooperation with development cooperation, social, political, and trade between each other, in each region in order to share the benefits. In addition, the issue of financial institutions stand point between the BRICS countries stays the same, it is the developing countries should be given quotas and economic groups that are growing more. Instead of monopoly power or high position with a group. Strengthen stability, to economic development, with an emphasis on concrete investments instead of investing in the financial markets, which is a market that is volatile and uncertain at all times. BRICS environmental support to change the system to adapt to economic and social conditions. Climate change (Climate Change) and are ready to comply with a requirement in a ceremony dedicated to communication (Kyoto Protocol) support the development and use of renewable energy and nuclear power, considers as an important energy source of the BRICS in the future. In science and sustainable development to support the BRICS have utilities in Africa under the framework. Alliance for the development of Africa (New Partnership for Africa Development: NEPAD) Boosting innovation and space science development, especially in technology. The anti-terrorism special attention to BRICS for preventing espionage and cyber crime.BRICS Summit was held at New Delhi, 4. Country India On March 29, 2012 keynote at this Conference is the BRICS had agreed to consider the possible establishment of a "Development Bank" concept of South-South (South-South Development Bank), or the "BRICS" Bank (Bank BRICS) to promote investment by funding as an alternative to financial institutions in member countries. In addition to the World Bank. Asian Development Bank, as well as other international financial institutions. Although the idea of establishing such an institution does not have a concrete action. But in the BRICS Summit Member countries have signed an agreement that allows financial institutions in member countries can serve as its own currency. And multilateral agreements on providing lettoe of credit confirmation (Letter of Credit Facility Agreement on Confirmation), which allows Member countries to reduce reliance on BRICS pass wind, dollar. It also reduces the risk that may be caused by exchange rate fluctuations in the world markets and reduce trade costs. In addition, such an agreement can help in promoting trade and investment between Member countries as well. At the same time, the BRICS have issued Equity Index Benchmark derivatives of saronu, which will allow investors from one of the Member countries can invest in the securities markets of the other Member Nations without exchange rate risks. In addition to economic issues, the BRICS will also demonstrate in the arena of international politics in a tension issue between Iran and Western Nations that Iran's rights in BRICS will continue peaceful nuclear projects, and support to solve them by means of diplomatic negotiations to prevent the problem has so far become a conflict. For the political crisis in Syria. BRICS international peace building through negotiations peacefully With Syria's leaders in such a process.การประชุมสุดยอด BRICS ครั้งที่5 จัดขึ้น ณ กรุงเดอร์แบน แอฟริกาใต้ ในระหว่างวันที่ 26-27 มีนาคม 2556 ได้เห็นชอบให้มีการดำเนินการจัดตั้ง “ธนาคารเพื่อการพัฒนา BRICS (BRICS Development Bank)” เพื่อเป็นแหล่งเงินทุนสำหรับโครงการพัฒนาสาธารณูปโภคพื้นฐานและโครงการพัฒนาระยะยาวสำหรับกลุ่มประเทศ BRICS และกลุ่มประเทศกำลังพัฒนา การจัดตั้งดังกล่าวเป็นการสร้างทางเลือกในระบบเศรษฐกิจการเงินโลก ลดการพึ่งพาองค์กรอย่างธนาคารโลก และ IMF ซึ่งในปัจจุบันอยู่ภายใต้อิทธิพลของประเทศตะวันตก โดยแนวความคิดนี้ได้ถูกนำเสนอขึ้นในการประชุมสุดยอด BRICS เมื่อปีที่แล้ว การจัดตั้งธนาคารเพื่อการพัฒนาจะต้องมีการวางแผนโครงสร้างเนื่องจากยังมีประเด็นที่ต้องตกลงอีกหลายอย่าง อาทิ ขนาดเงินทุนรวมของธนาคาร ขนาดของเงินร่วมลงทุนของแต่ละฝ่าย และสิทธิในการออกเสียง ซึ่งจะต้องใช้เงินทุนประมาณ 4.5 ล้านล้านดอลลาร์สหรัฐฯ และเวลาอย่างน้อย 5 ปี ในการพัฒนาโครงสร้างพื้นฐานของธนาคาร In addition, members agreed to the agreement establishing the Fund reserves in case of an emergency (Contingency Reserve Arrangement: CRA) sharing the value 1 trillion u.s. dollars to strengthen the stability and prevent financial risks for both the 5 countries from global financial climate fluctuations. Leaders also see the importance of small and medium business enterprises, thus establishing a new cooperation framework, in order to raise the level of exchanges and cooperation between the countries. Both in the field of trade, research, and subsequent innovations have created circus.
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