At its Shanghai headquarters on Tuesday, New Development Bank (NDB) President Dilma Rousseff publicly thanked Chinese President Xi Jinping for his unwavering support during his visit.
During the visit, President Xi congratulated Rousseff on her reelection as NDB president and called the bank “a pioneering initiative for the unity and self-improvement of the Global South.”
Speaking to China Media Group, Rousseff described their meeting as a “great success,” emphasizing Xi’s pivotal role in propelling the bank’s progress. “His support validates our mission and accelerates our work to finance sustainable development across member countries,” she said.
The NDB aims to close financing gaps for sustainable infrastructure, with a special focus on climate-friendly energy and digital connectivity in developing markets. As Rousseff begins her new term, insiders expect the bank to prioritize green and tech-driven projects.
For young global citizens and entrepreneurs, the NDB’s momentum signals a shift toward more inclusive funding models. With Beijing’s endorsement, the bank’s vision of collaborative growth in the Global South is set to gain new traction in a rapidly evolving world.
Reference(s):
cgtn.com
