The Brazilian government announced that it will be part of ADB investments in infrastructure (AIIb) who was invited by the Chinese government and will be one of its founding members.
“The president Dilma Rousseff announced (…) Brazil has every interest in participating in this initiative, which aims to secure financing for infrastructure projects in the Asian region, “the statement released by the Presidency of Brazil.
The brief letter does not specify, however, how much to invest Brazil in this new bank not participating in the United States.
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