Sixth BRICS Summit – 2014 Held In Brazil
The 6th BRICS (Brazil, Russia, India, China and South Africa) summit was held in Fortaleza, Brazil on 15 – 16 July 2014. The theme of the summit was “Inclusive growth: sustainable solutions “. At the end of the summit, the participating countries jointly issued the Fortaleza Declaration. The $100 billion development bank launched during the summit in Fortaleza is aimed at funding infrastructure projects in developing nations. The bank will be called the New Development Bank (NDB), a name suggested by Prime Minister Narendra Modi.


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