日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Economy

China's top legislature ratifies BRICS bank agreement

(Xinhua) Updated: 2015-07-02 13:07

BEIJING - China's top legislature ratified an agreement on the founding of BRICS New Development Bank (NDB), which will fund infrastructure projects in the bloc and other developing economies, on Wednesday.

The approval was given at the bimonthly-session of the National People's Congress Standing Committee, which runs until July 1.

The agreement was signed by the bloc's five members -- Brazil, Russia, India, China and South Africa -- on July 15 last year during the sixth BRICS summit.

It will enter into force only when all BRICS countries have submitted documents of acceptance, ratification or approval.

The Shanghai-based NDB will have initial authorized capital of $100 billion, and its initial subscribed capital of $50 billion will be equally shared among the founding members.

It will have a three-tier governance structure -- a board of governors, a board of directors, a president and vice presidents.

As agreed by the five countries, the first chair of the board of governors will be nominated by Russia, the first chair of the board of directors by Brazil, and the first president by India.

They also agreed to set up a NDB African regional center in South Africa.

The board of governors is expected to hold the first meeting on July 7 in Russia to appoint members of the board of directors and the management led by the president, according to the Ministry of Finance.

Rules regarding procedures will be made and the bank's five-year development strategy discussed at the meeting.

The inaugural management team will take their posts in Shanghai in middle July, according to the ministry.

The NDB is expected to launch late this year or early next year.

The bank's establishment will be an important achievement for financial cooperation among BRICS members, said Finance Minister Lou Jiwei.

It will promote infrastructure construction and sustainable development of the emerging and developing economies, he said.

The bank also helps promote reform of global economic governance, he said.

Once the agreement is approved by the NPC Standing Committee, the Chinese government will provide $10 billion on time as prescribed, Shi said while elaborating on the deal at the NPC Standing Committee session on June 24.

For the time being, the agreement will not apply to Hong Kong Special Administrative Region, according to the top legislature's decision.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 肉大捧一出免费观看网站在线播放 | 一区二区欧美精品 | 国产91精品欧美 | 天天干天天舔 | 青青草视频成人 | 国产无遮挡 | 国产一区91精品张津瑜 | 日日射天天操 | 一级片免费播放 | 乳色吐息免费看 | 日韩综合在线视频 | 色婷婷在线观看视频 | 亚洲第三区 | 日韩首页 | 一二三四国产精品 | 国产精品性 | 欧美无玛| 三级国产精品 | 激情久久久久久久 | 999国产精品视频 | 最新高清无码专区 | 日本不卡中文字幕 | 国产欲妇| 欧美日韩色综合 | 国产二区视频 | av在线大全| 久久久亚洲| 超碰在线97观看 | 国产操女人 | 自拍偷拍第5页 | 69精品久久久久久 | 亚洲天堂视频网站 | 免费特黄视频 | 亚洲激情图| 久操婷婷 | 97av在线视频 | 91久久精品日日躁夜夜躁国产 | 中文字幕在线观看你懂的 | 日韩xxx高潮hd | 超薄肉色丝袜足j调教99 | 欧美黄色三级 |