BRIKS bank, ABBI and Road of silk fund will not be competitors

(Photo: I.Vukša)

New bank for development, BRIKS, Asian bank of infrastructural investments (ABII) and the Fund of the Road of silk will no longer be competition but they will supplement, the head of Vnjesekonombank and VP of New bank for development BRIKS,Vladimir Dmitrijev, said.

This is how at the summit of the BRIKS countries he commented the crossing of geographical territories and special of these activities of those financial organizations.

Within the international association of the Shanghai organization for cooperation, it was agreed to generate structure which will closely cooperate with organizations in Euro-Asian area.