Uzbekistan became the 10th member country of the New Development Bank (NDB), also known as the BRICS Bank. NDB was established in 2014 by the founding BRICS nations (Brazil, Russia, India, China, South Africa) to finance infrastructure and sustainable development projects. Uzbekistan's inclusion strengthens NDB's presence in Central Asia and provides member countries with additional financing support for development projects. NDB is headquartered in Shanghai, China.
International
Uzbekistan Becomes 10th Member of the New Development Bank (NDB)
Key Points
- Uzbekistan became the 10th member country of the New Development Bank (NDB), also known as the BRICS Bank
- NDB was established in 2014 by the founding BRICS nations (Brazil, Russia, India, China, South Africa) to finance infrastructure and sustainable development projects
- Uzbekistan's inclusion strengthens NDB's presence in Central Asia and provides member countries with additional financing support for development projects
- NDB is headquartered in Shanghai, China
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• Uzbekistan: 10th member of NDB (New Development Bank), June 2026 • NDB: established 2014 by BRICS founding nations (Brazil, Russia, India, China, South Africa) • NDB HQ: Shanghai, China; purpose: infrastructure and sustainable development financing • NDB President: Dilma Rousseff (former Brazil President)
