The NDB was established in 2014 to provide funding for infrastructure and sustainable development projects Russian Finance Minister Anton Siluanov talked up the potential of the BRICS New Development Bank (NDB) as he attended the opening ceremony of the NDB’s eighth annual meeting in Shanghai on Tuesday.

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The move suggests that restoring the pipeline has not been ruled out, sources say Two major German insurance companies have renewed coverage of the damaged Nord Stream 1 gas pipeline, Reuters reported on Tuesday, citing sources.