Articles of Agreement of the New Development Bank

E803435

The Articles of Agreement of the New Development Bank is the founding charter that establishes the bank’s purpose, governance structure, membership rules, and operational framework for supporting infrastructure and sustainable development projects, primarily in BRICS and other emerging economies.

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Statements (43)

Predicate Object
instanceOf founding charter
international treaty
aimsTo mobilize resources for infrastructure and sustainable development
promote cooperation among BRICS and other emerging economies
appliesTo all members of the New Development Bank
binds member states of the New Development Bank
defines governance structure of the New Development Bank
membership rules of the New Development Bank
operational framework of the New Development Bank
purpose of the New Development Bank
establishes Board of Directors of the New Development Bank NERFINISHED
Board of Governors of the New Development Bank NERFINISHED
New Development Bank NERFINISHED
President of the New Development Bank NERFINISHED
Vice Presidents of the New Development Bank NERFINISHED
focusesOn BRICS countries NERFINISHED
other emerging economies
includes provisions on capital structure of the New Development Bank
provisions on decision-making procedures of the New Development Bank
provisions on dispute settlement within the New Development Bank
provisions on governance of the New Development Bank
provisions on membership categories of the New Development Bank
primaryObjective support infrastructure projects
support sustainable development projects
providesFor project financing in member countries
technical assistance related to development projects
regulates admission of new members to the New Development Bank
capital subscription of members of the New Development Bank
equity investments of the New Development Bank
guarantee operations of the New Development Bank
lending operations of the New Development Bank
risk management policies of the New Development Bank
voting power of members of the New Development Bank
withdrawal of members from the New Development Bank
sets conditions for the use of the Bank’s resources
limitations on the Bank’s operations
rules on the allocation of voting rights among members
rules on the distribution of profits of the New Development Bank
supports infrastructure development in emerging economies
sustainable development in member countries
underpins institutional framework of the New Development Bank
legal personality of the New Development Bank
operational policies of the New Development Bank

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Board of Governors legalBasis Articles of Agreement of the New Development Bank
subject surface form: Board of Governors of the New Development Bank
Board of Directors follows Articles of Agreement of the New Development Bank
subject surface form: Board of Directors of the New Development Bank