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No New Members Will be Added to the BRICS Bank, Says CFO

While the BRICS group itself will become larger at the conclusion of the ongoing leaders summit underway in Johannesburg, that is not the case for the bloc's bank known as the New Development Bank. "There will be no announcements this week," 
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The China-Global South Project
Leading from the “Global Middle”: China’s Bid to Host the New Ocean Treaty
Fishermen conduct abalone management and protection operations at sea in the waters of Xiaocheng Town, Lianjiang County, Fuzhou City, Fujian Province, China, on March 14, 2026. (Photo by Costfoto/NurPhoto) (Photo by CFOTO / NurPhoto / NurPhoto via AFP)
"China's financial commitments are simply more tangible and easier to grasp than those of Europe," one delegate from an island state remarked to me on a bright spring day in late March, as we both gazed out at the East River from the United Nations Headquarters. Behind us, in airless ...

No New Members Will be Added to the BRICS Bank, Says CFO

While the BRICS group itself will become larger at the conclusion of the ongoing leaders summit underway in Johannesburg, that is not the case for the bloc's bank known as the New Development Bank. "There will be no announcements this week," 
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