New Delhi, The BRICS countries on Saturday said the New Development Bank (NDB) is a crucial institution for promoting sustainable development, reducing inequalities and supporting resilience in emerging economies.
"As the New Development Bank embarks on its second golden decade of high-quality development, we recognise and support its growing role as a robust and strategic agent of development and modernisation in all shareholder countries and in the Global South," said the 'New Delhi Declaration' issued by BRICS members.