The person currently in charge of the BRICS bank is the former president of Brazil Dilma Rousseff, and one of her advisors is Elias Jabbour, a communist academic and writer of the book "China: Socialism in the 21st Century

Words by Dilma Rousseff

“We had quite high investments, but still not enough for the needs of the Brics countries. [THIS IS WHY IT IS VERY IMPORTANT TO PROVIDE FINANCING IN LOCAL CURRENCY THROUGH SPECIFIC PLATFORMS]. The New Development Bank is committed to providing financing not only for sovereign projects, but also for private sector projects”