日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Economy

China's top legislature ratifies BRICS bank agreement

(Xinhua) Updated: 2015-07-02 13:07

BEIJING - China's top legislature ratified an agreement on the founding of BRICS New Development Bank (NDB), which will fund infrastructure projects in the bloc and other developing economies, on Wednesday.

The approval was given at the bimonthly-session of the National People's Congress Standing Committee, which runs until July 1.

The agreement was signed by the bloc's five members -- Brazil, Russia, India, China and South Africa -- on July 15 last year during the sixth BRICS summit.

It will enter into force only when all BRICS countries have submitted documents of acceptance, ratification or approval.

The Shanghai-based NDB will have initial authorized capital of $100 billion, and its initial subscribed capital of $50 billion will be equally shared among the founding members.

It will have a three-tier governance structure -- a board of governors, a board of directors, a president and vice presidents.

As agreed by the five countries, the first chair of the board of governors will be nominated by Russia, the first chair of the board of directors by Brazil, and the first president by India.

They also agreed to set up a NDB African regional center in South Africa.

The board of governors is expected to hold the first meeting on July 7 in Russia to appoint members of the board of directors and the management led by the president, according to the Ministry of Finance.

Rules regarding procedures will be made and the bank's five-year development strategy discussed at the meeting.

The inaugural management team will take their posts in Shanghai in middle July, according to the ministry.

The NDB is expected to launch late this year or early next year.

The bank's establishment will be an important achievement for financial cooperation among BRICS members, said Finance Minister Lou Jiwei.

It will promote infrastructure construction and sustainable development of the emerging and developing economies, he said.

The bank also helps promote reform of global economic governance, he said.

Once the agreement is approved by the NPC Standing Committee, the Chinese government will provide $10 billion on time as prescribed, Shi said while elaborating on the deal at the NPC Standing Committee session on June 24.

For the time being, the agreement will not apply to Hong Kong Special Administrative Region, according to the top legislature's decision.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 中文字幕高清在线 | 日韩国产一区二区三区 | 在线观看欧美精品 | 亚洲激情在线播放 | 99精品一区二区 | 久久影视| 最近2019中文字幕大全第二页 | 精品成人免费一区二区在线播放 | 极品少妇xxxx精品少妇偷拍 | 北条麻妃青青久久 | 特级丰满少妇一级aaaa爱毛片 | www.一级片 | 国产黄色一区二区三区 | 青青偷拍视频 | 91免费看网站 | 国产免费美女视频 | 在线国产91 | 国产精品亚洲lv粉色 | 超碰在线网址 | 日韩免费在线 | 四虎国产视频 | 久久123 | 视频一区日韩 | 91免费视频播放 | 国产精品自拍第一页 | 久久久久黄色片 | 中文字幕一区二区三区四区不卡 | 天堂久久久久 | 欧美成人高清在线 | 国产精品成人久久久久 | 午夜美女福利 | 中文字幕第35页 | 国产人成在线 | 国产成年人免费视频 | 噜噜啪啪 | 黄色大片视频网站 | av亚洲一区 | 69xxx国产| 久久成年人视频 | 97干视频 | 亚洲视频观看 |