BRICS logo and associated countries' flags seen at an eventin ensuring that countries in the Global South are not side-lined by providing them with COVID-19 vaccine aid and strengthening infrastructure-building through the New Development Bank, according to the Deputy Director-General in the Department of International Relations Professor Anil Sooklal.
“I think BRICS has a very important role to play to ensure that the Global South is not once again marginalised in terms of the global financial, economic and trading architecture,” Sooklal said in a recent interview with the China Global Television Network. “When you had the outbreak of the pandemic, it was BRICS countries that came forward to assist, especially Africa. You saw this in terms of making vaccines available to South Africa by India, by China as well as Russia, and also to the larger African continent. China was the first to be struck by the pandemic, but China managed to contain it and emerge out of it. But immediately that China emerged out of the pandemic, they shared their experience with the fellow BRICS countries,” he said.
Since the beginning of the NDB’s operations in July 2015, the bank has approved approximately 80 projects throughout all its member states, covering sectors such as of transport, water and sanitation, clean energy, digital infrastructure, social infrastructure and urban development. Altogether totalling a portfolio of US$30 billion.
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