Venezuela to apply for membership of BRICS group: Maduro
Xinhua, July 9, 2015 Adjust font size:
Venezuelan President Nicolas Maduro said Wednesday night he has requested the foreign ministry to prepare for a future joining into the BRICS groups, which currently groups Brazil, Russia, India, China and South Africa.
"As we have seen in the past few years the BRICS has motivated many developing nations like Venezuela. That is why I have asked foreign minister Delcy Rodriguez to advance conversations to join them in the near future," said Maduro in an interview to the Caracas-based international channel TeleSUR.
The head of state added that he would propose to the member nations of the left leaning Bolivarian Alliance for the People of Our Americas (ALBA) to become part of the BRICS New Development Bank (NDB) that has an initial capital of 100 billion U.S. dollars.
Maduro highlighted the quickness of economic decisions taken by the BRICS member nations and the political will of its leaders to advance toward a new world order based on equality and social development.
The BRICS has become an important platform for exchanges and cooperation among the world's major emerging economies, brought real benefits for the member states and also a good reputation among the international community. Endi