BRICS bank creation prospects to be clear in days – Russia’s Deputy FM Sergei Ryabkov

Itar Tass
Thursday 21st March, 2013

MOSCOW, March 21 (Itar-Tass) – The outlook for creating a BRICS bank will be clear within days, Russia’s Deputy Foreign Minister Sergei Ryabkov said on Thursday. “We are on the threshold of making an official decision on that score,” he said. “There will be clarity on the issue within several days from now.” About the possibility of creating a secretariat of that organization, Ryabkov said that BRICS “does not stimulate processes of the association’s institutional emergence.” “There is an opportunity to work effectively without creating some bureaucratic superstructures an…

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