BRIC development banks headquartered in Shanghai, the first President of India people | BRICS _ news

"BRIC development banks was founded: headquarters in Shanghai, the first President of India people," Agence France-Presse news, BRICS Beijing July 16 morning released a joint communique, Development Bank announced the creation of the BRIC Nations, start-up capital of us $ 50 billion, with its headquarters in Shanghai. Also set up a $ 100 billion emergency reserve fund for BRIC countries. Brazil President Dilma rousseff called Eclipse the first Chief Executive of the National Development Bank will come from India. (SINA)

(Edit: SN123) 07:17 on July 16, 2014