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Presidential Executive Office2025
Events

Meeting with President of the New Development Bank Dilma Rousseff

On the sidelines of the St Petersburg International Economic Forum, Vladimir Putin met with Dilma Rousseff, President of the New Development Bank established by BRICS countries.

June 18, 2025
19:55
St Petersburg
New Development Bank President Dilma Rousseff.
At the meeting with New Development Bank President Dilma Rousseff.
Meeting with New Development Bank President Dilma Rousseff.
At the meeting with New Development Bank President Dilma Rousseff.
New Development Bank President Dilma Rousseff.

From the Russian side, the meeting was attended by Deputy Chief of Staff of the Presidential Executive Office Maxim Oreshkin Oreshkin Maxim Oreshkin MaximDeputy Chief of Staff of the Presidential Executive Office , Finance Minister Anton Siluanov Siluanov Anton Siluanov AntonMinister of Finance of the Russian Federation , and Central Bank Governor Elvira Nabiullina Nabiullina Elvira Nabiullina ElviraGovernor of the Central Bank of the Russian Federation (Bank of Russia) .

* * *

President of Russia Vladimir Putin: Ms Rousseff, colleagues, friends.

I am very glad to see you here, and first of all I want to congratulate you on your re-election to the position of the head of the New Development Bank.

This means that all members of the bank highly appreciate your work. Indeed, recently, the NDB has approved and financed approximately 120 projects worth $39 billion.

Of course, there are issues that require special attention. I mean the expansion of the possibility of settlements in national currencies, and further joint efforts to create a digital platform for settlements and investments.

At the last summit of BRICS leaders, we also talked about this in detail. I am aware that you also support all these initiatives, and I really hope that we will work together in these areas.

We are very glad to see you at the Economic Forum in St Petersburg. Welcome!

President of New Development Bank Dilma Rousseff Rousseff Dilma Rousseff DilmaPresident of the New Development Bank (retranslated): First of all, I would like to thank you for the invitation. I am very glad to be here, in St Petersburg, at the international economic forum – for the third time now. The first time I was in 2023, then in 2024, and now, in 2025, I am here again, which I am very happy about.

I would also like to thank you for the fact that the Russian Federation proposed my candidacy for re-election as the NBR president. For my part, I will do everything possible and make every effort to fulfil my duties in this post as best as possible.

Of course, we face a number of challenges. As you, Mr President, correctly said, these are mutual settlements in national currencies, as well as the creation of digital platforms for the implementation of mutual settlements, including in local currencies. Currently, there are various mechanisms that make it possible to tokenise mutual settlements.

The second very important issue, which I would like to touch on, is the expansion of member countries of the international development bank, as well as the addition of new members partners of the bank. Two countries have already been selected as new members: Uzbekistan and Colombia. And two more countries are still under consideration: Ethiopia and Indonesia.

<…>

Geography

  • Saint Petersburg

Topics

  • Banks
  • BRICS
  • Economy and finance
  • Foreign policy
  • Regions
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Persons

  • Rousseff Dilma

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Published in sections: News, Transcripts

Publication date: June 18, 2025, 19:55

Direct link: en.kremlin.ru/d/77205

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Official Website of the President of Russia:

Meeting with President of the New Development Bank Dilma Rousseff

http://en.kremlin.ru/events/president/news/77205

Last updated at June 18, 2025, 21:26

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