BRICS Bank signs financial cooperation framework Agreement

In the BRICS leaders witness, the BRICS cooperation mechanism members of the bank yesterday in Hainan Province Sanya signed the BRICS cooperation mechanism financial cooperation Framework Agreement. According to the agreement, China National Development Bank, five members, such as the Brazilian Development Bank, the Russian Bank for development and foreign economic activity, the Export-Import Bank of India and the Southern African Development Bank of South Africa, will strengthen their cooperation in the following four areas: ——— steadily expand the size of their currency clearing and lending operations, and service the trade and investment facilitation among BRICS　　--actively carry out project cooperation, strengthen the BRICS countries in the resources, High-tech and low-carbon, environmental protection and other important areas of investment and financing cooperation; ——— actively carry out capital market cooperation, including issuing bonds, listing of enterprises, etc. ——— further promote the exchange of information among members on economic and financial situation and project financing. Xinhua)