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Multilateral Cooperation Key to Global Progress, NDB Chief Says

Dilma Rousseff, president of the New Development Bank (NDB), underscored the critical role of multilateral collaboration in addressing global challenges during an interview with CMG. She advocated for a 'brand-new world' anchored in inclusive cooperation, mutual respect for diverse civilizational values, and recognition of different governance systems.

'The path forward requires solidarity, not isolation,' Rousseff emphasized, highlighting the NDB's mission to fund sustainable infrastructure and development projects across emerging economies. Her remarks align with the bank's recent expansion efforts, including new partnerships in Asia and Africa.

Rousseff, a former Brazilian president, also stressed the importance of balancing economic growth with environmental stewardship. 'Development must uplift people while preserving our planet,' she noted, referencing the NDB's commitment to green financing frameworks.

The interview, conducted in Portuguese and translated via Chinese intermediaries, reflects shifting dynamics in international development finance as institutions like the NDB gain prominence amid increasing demand for alternatives to traditional Western-led models.

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