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02Jul15

Russia did not suggest Greece joining BRICS New Development Bank -- Finance Minister

Russia did not suggest Greece joining the BRICS New Development Bank (NDB), Russian Finance Minister Anton Siluanov said on Thursday.

"We did not suggest [that]," the minister said.

Greece did not hold any negotiations to join the BRICS NDB, Russian Deputy Finance Minister Sergey Storchak told TASS earlier.

"According to the charter of BRICS NDB, any state - UN member-nation can join it. As soon as the bank starts operations and organizational matters for admission of new members in the bank are approved, the board of governors should establish the legal basis for admission of the new member. Then the candidate shall formally request to consider its application," the deputy minister said.

[Source: Itar Tass, Moscow, 02Jul15]
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