Hey there! Have you ever wondered how countries work together to build a better world? Well, here’s some exciting news!
Colombia and Uzbekistan have joined a special bank called the New Development Bank (NDB)! But what's the NDB, you ask?
What Is the New Development Bank?
The NDB was started by a group of countries known as BRICS. BRICS stands for:
- Brazil
- Russia
- India
- China
- South Africa
These countries created the NDB to help fund important projects like building roads, schools, and hospitals in different countries, especially in places that need them the most.
Why Is This Important?
By joining the NDB, Colombia and Uzbekistan can get help to build and improve things in their countries. This means better lives for people there!
"Our mission is to support countries in the Global South," said Dilma Rousseff, the President of the NDB and former President of Brazil. Global South is a term used to describe countries that are still developing and growing.
Helping the World Grow Together 🌍🤝
The NDB isn't just about helping one country. It's about all these countries working together to make the world a better place. They also team up with other banks and organizations to support global economic growth. Pretty cool, right?
What's Next?
Ms. Rousseff also mentioned that more countries are asking to join the NDB. That means even more teamwork and support around the world!
So, next time you think about how countries cooperate, remember the NDB and how it's helping to build a brighter future for everyone! 🌟
Reference(s):
Colombia & Uzbekistan join BRICS nations' New Development Bank
cgtn.com
