Russia submits Zvyagintsev’s film Loveless for OscarSociety & Culture September 21, 19:16
Diplomat confirms Russia ready to support Iraq in fight against ISRussian Politics & Diplomacy September 21, 19:10
Russian, Syrian diplomats discuss cooperation within OPCWRussian Politics & Diplomacy September 21, 19:01
Putin talks to Russian Alisa voice assistant, inspects unmanned vehicle created by YandexScience & Space September 21, 18:33
China made offer to Rosatom on new nuclear power plant siteBusiness & Economy September 21, 18:29
Russia’s position in FIFA has always been strong — officialSport September 21, 18:28
Russia diplomat calls to support countries attacked by ISRussian Politics & Diplomacy September 21, 18:15
Yandex forecasts industrial revolution in 2020sScience & Space September 21, 17:36
Over 3,000 people evacuated from Yandex office over bomb threatSociety & Culture September 21, 17:24
ST. PETERSBURG, June 18. /TASS/. BRICS Bank will start working no earlier than next year, Vnesheconombank (VEB) Deputy Chairman Sergey Vasilyev said on Thursday.
"BRICS is currently not an economic association, it’s a political [organization]," Vasilyev said. "We already see BRICS economic integration. Setting up a bank is a key, a core of future economic integration and expansion of investment cooperation. Some BRICS Bank projects will really start no earlier than next year," he added.
"The Bank’s existing strategy up to 2020 is being implemented by gross figures even under sanctions. We don’t see significant threats, though some difficulties may occur in details. In principal, it is hard to plan because there are great currency risks," Vasilyev noted.