On January 19, 2017, Capt. Xu Lirong met with Mr.Vladimir Kazbekov, Vice President of the New Development Bank (NDB) in COSCO SHIPPING headquarters. The two sides fully exchanged views on the cooperation between the NDB and BRICS Business Council.
The meeting was also attended by heads of Finance & Auditing Division and Capital Operation Management Division of COSCO SHIPPING, as well as relevant personnel from Chinese secretariat of BRICS Business Council.
The New Development Bank is a key fruit of BRICS cooperation. It is aimed at supporting the infrastructure improvement and sustainable development of the BRICS and other developing countries.