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BRICS Business Council promotes cooperationMembers said awareness about the alliance should be boosted in a period of increased economic and trade volatility. |
Such emergency loans could be used to finance direct expenses such as procuring protective gear for health workers.
The NDB will provide a loan of $225 million to India for the Indore Metro Rail Project.
By the end of 2018, the total loan book of the bank was 30 projects worth approximately $8 billion.
Putin and Erdogan discuss sales of advanced Russian fighter jets to Turkey, pulling it even more from NATO.
The US has tried to block the deal by pressuring Ankara with possible sanctions.
Despite US threat of sanctions, India says it will go ahead and purchase advanced Russian defense systems.
US President Donald Trump has told the Russians to "get out" of Venezuela.
Trade between BRICS allies China and Russia has continued to surge since 2016.
The S-400 can engage all types of aerial targets including aircraft and VLO (Very Low Observable) craft.
