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: 日韩美女中文字幕 | 日本中文字幕精品 | 久久大胆视频 | 在线中文字幕一区 | 国产8区 | china激情老汉69老头乐 | 国产精选第一页 | 99自拍视频| 国产一区欧美一区 | 肉丝袜高跟岳激情难忍 | 国产视频久久久久久 | 午夜精品久久久久久久久久久久 | 亚洲资源在线播放 | 亚洲一区二区三区在线观看视频 | 成人福利在线播放 | 超碰91在线 | 日日夜夜精品 | 日韩欧美一二三区 | 天堂网中文字幕 | 九九九九精品 | 在线观看国产视频 | 欧美精品另类 | www狠狠操 | 久久国产在线视频 | 成人免费a视频 | 伊人国产精品 | 国产婷婷一区二区 | 精品久久久久久中文字幕 | 日韩成人在线播放 | 秋霞欧美一区二区三区视频免费 | 狼性av懂色av禁果av | 亚洲一区在线免费 | 免费在线看黄网站 | 中文字幕在线播放一区 | 精品久久久久久中文字幕 | 日韩精品在线免费 | 91插插插影库永久免费 | 1024国产 | 欧美嫩草 | 国产激情综合 | 亚洲网友自拍 |