President of the New Development Bank: BRICS New Development Bank helping shape the future of the global South.
Former Brazilian President and current President of the New Development Bank of BRICS, Dilma Rousseff, stated at the 2025 annual meeting of the New Development Bank that, in its ten years of existence, the bank has actively supported Southern countries in shaping their own future, demonstrating a commitment to continuous inclusion, fairness, and autonomy in development. The 2025 annual meeting of the New Development Bank took place in Rio de Janeiro, Brazil. Rousseff pointed out in her speech that the world is now facing a resurgence of unilateralism, with tariffs, sanctions, and financial restrictions being abused for geopolitical purposes. The international financial system remains highly asymmetrical, placing a heavier burden on countries with limited resources.
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