Association For Strategic Culture and Research Foundation

The selection of the UAE, Uruguay and Bangladesh as the first three non-founding partners of the NDB indicates the intentions of BRICS – regional expansion with a focus on economic and transportation cooperation. This cooperation, as well as integration, is especially crucial as the world struggles to deal with the COVID-19 pandemic and the economic fallout.

The Chinese president also stressed the “comprehensive strategic partnership” between Beijing and Cairo that has become “a model of solidarity between China and Arab, African and developing countries.”