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The bank, headquartered in Beijing, now has 57 members, that includes Germany, France, Italy, and the UK.
Vice Foreign Minister Zhang Ming met senior Saudi and Iranian officials on his trip last week.
Plummeting oil prices have dragged the energy-dependent Russian export economy down.
Putin also reminded the West of its warnings against invasions in Libya and Iraq that have now resulted in chaos and protracted civil war.
Chinese shares tumbled heavily in the morning session, with the benchmark Shanghai Composite Index nose-diving more than 2%.
The Islamic State has claimed responsibility for a suicide truck bombing on a Libyan police training centre on Thursday that killed at least 65 people.
Founding members include the BRICS, half of the European Union and all of the Asian bloc, ASEAN.
China's major stock indexes regained some ground on Friday after Beijing ditched a circuit breaker mechanism.
The SNC is resolutely opposed to Syrian President Bashar Al-Assad continuing in Damascus.
China voiced support for strengthened counter-terrorism cooperation between Pakistan and India on Thursday, after the two countries’ prime ministers agreed to take actions against militants behind the attack on India’s
