The concept of building a community with a shared future for mankind, proposed by Chinese President Xi Jinping, is of great significance for promoting global development and prosperity, said Dilma Rousseff, president of the Shanghai-based New Development Bank (NDB).
In an interview with the China Media Group (CMG) in Shanghai on Monday, the NDB president shared her thoughts on the concept and its relevance in the current global context.
"I believe the concept of building a community with a shared future for mankind is a fundamental idea for the current historical period we are in. I think this concept is noble and international in scope. That's why we established the New Development Bank, the bank I lead. It's a bank that aligns with the vision of shared development, growth, and values. These ideas also represent the highest values of human civilization as understood by the world: respect for different cultures, respect for different civilizations, and the recognition that no single development model should be imposed on other countries," said Rousseff.
Rousseff further emphasized the importance of mutual respect among nations, advocating for the peaceful resolution of conflicts rather than resorting to war.
She noted that while competition plays a role in international relations, addressing global challenges should be based on collective actions and cooperation between nations.
"Based on this concept, there are also the China-proposed Belt and Road Initiative and three other major global initiatives: the Global Development Initiative, the Global Security Initiative, and the Global Civilization Initiative. These three global initiatives are the fundamental pillars I believe in and the core values and principles of the New Development Bank set up by the BRICS. I believe this is a very noble worldview," said Rousseff.
Opened in 2015, the New Development Bank (NDB), set up by the BRICS, aims to mobilize resources for infrastructure and sustainable development projects in BRICS and other emerging market economies and developing countries.
As the first multilateral development bank initiated entirely by emerging economies and developing countries, the NBD has provided much-needed financial support for infrastructure, clean energy, environmental protection and digital infrastructure development among BRICS nations, making it a flagship of BRICS cooperation.
NDB president highly commends concept of "building community with shared future for mankind"
