New Development Bank approves Bangladesh as a new member
✓The New Development Bank (NDB) established by the BRICS ((Brazil, Russia, India, China and South Africa) countries in 2015 has approved Bangladesh as its new member.
✓The NDB Board of Governors initiated the negotiation to expand its membership in 2020.
✓It has now approved the United Arab Emirates, Uruguay and Bangladesh as its first new member countries.
