PARNAS leader attacked during march in Nemtsov’s memorySociety & Culture February 26, 16:59
Donetsk water purification station recaptured from Ukrainian radicalsWorld February 26, 15:24
Russian skiers Ustyugov, Kryukov win team sprint at World ChampionshipsSport February 26, 15:23
Opposition activist Dadin sentenced for disorders at rallies leaves jailRussian Politics & Diplomacy February 26, 12:58
Aerospace Force chief says Russian army to get new combat jets and helicoptersMilitary & Defense February 26, 11:15
Mistura says Homs terror attacks attempt to derail Geneva talksWorld February 26, 5:49
Where to watch unique solar eclipse and spectacular ‘ring of fire’Science & Space February 26, 3:24
HNC expects Trump to correct Obama's mistakes in Syria - delegation headWorld February 26, 3:08
War on terror to dominate Geneva talks — Syrian UN envoyWorld February 25, 23:48
MOSCOW, May 28. /TASS/. BRICS (Brazil, Russia, India, China and South Arica) grouping of leading emerging economies is expected to launch Development Bank and currency reserve pool at its July summit in Ufa, Russian President Vladimir Putin said on Thursday.
"We expect to reach agreement in Ufa on the launch of practical operations of the BRICS Bank and a pool of currency reserves," Putin said at a ceremony of receiving credentials from the ambassadors of foreign states.
BRICS was established in 2006 on Russia’s initiative and this association "has already become an influential factor in world policy and economy," Putin said.
"Russia is interested in further intensifying cooperation between the BRICS countries and developing new interaction mechanisms, including in the financial and economic sphere," the Russian president said.
Putin also said an additional impulse would be given in the coming days "to the development of inter-parliamentary relations, humanitarian and information cooperation, the intensification of contacts between trade unions and non-governmental organizations."