President Jacob Zuma, presides over the launch of the African Regional Centre of the New Development Bank (NDB). The President is joined by the President of New Development, Kundapur Vaman Kamath, cabinet ministers and the bank executives. In July 2014 BRICS countries signed the Agreement to establish the New Development Bank at the Sixth BRICS Summit in Brazil. The NDB headquarters were officially opened in Shanghai, China in February 2016. . Let’s go live to the occasion.
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