On May 31st, the Export Import Bank and the New Development Bank jointly held a high-level forum in Shanghai on "Mobilizing Global Resources to Promote Connectivity in the Digital Era". Wu Fulin, Chairman of the Export Import Bank, and Dilma Rousseff, President of the New Development Bank jointly attended and delivered a welcome speech. More than 200 guests from the political, business, and academic sectors participated in the event.

Chairman Wu Fulin stated that the digital wave has given new connotations to infrastructure connectivity and smooth international trade, bringing significant opportunities to developing countries. The Export-Import Bank attaches great importance to the connectivity of the digital age and has conducted beneficial explorations and practices in supporting the digital transformation of developing countriesfully lever the leading role of multilateral and bilateral financial institutions to make new contributions to the creation of connectivity in the "digital age".

President Dilma Rousseff said that the digital era provides a major opportunity for global development. BRICS countries and other emerging market countries and developing countries should strengthen multilateral and bilateral cooperation in digital infrastructure investment and financing, people - to - people exchanges, policy coordination and other aspects. and jointly promote mutual connectivity in the digital era. The New Development Bank is willing to actively mobilize global resources, play a greater role in supporting digital construction and capacity building in developing countries, and work together with all parties to promote practical results in South-South cooperation and promote global inclusive and sustainable development.

Zhang Wenchai, Vice President of the Export-Import Bank, participated in the forum and shared views on mobilizing diverse resources, strengthening bilateral and multilateral cooperation, promoting developing countries to address the challenges of the digital age, and better achieving connectivity and economic and social development during the thematic discussion segment.

The high-level forum jointly held by the Export-Import Bank and the New Development Bank is an important action taken by both sides to further deepen practical cooperation and jointly help BRICS cooperation reach a new level since the signing of the Memorandum of Understanding in 2021. This year marks the tenth anniversary of the Belt and Road initiative. The holding of the joint forum conveys the positive will of emerging market countries and developing countries to strengthen exchanges and cooperation and promote connectivity in the digital era. The Exim and the New Development Bank will take this forum as an opportunity to further exert their respective advantages to build greater financial integration in order to promote high-quality joint construction of the "the Belt and Road", helping achieve the UN 2030 sustainable development goals, and promote the construction of a community with a shared future for mankind