Saudi Arabia in talks to join Brics bank.
TL;DR
Saudi Arabia is in talks to join the China-based Brics bank, which was established in 2014 by Brazil, Russia, India, China and South Africa to finance infrastructure projects in emerging economies. The move comes as Saudi Arabia seeks to diversify its economy and strengthen economic ties with China.
Topics:worldfinance#brics-bank#china#economic-cooperation#finance#international-finance#saudi-arabia
Saudi Arabia in talks to join China-based 'Brics bank' Financial Times
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