"A moment of pride for India on becoming the first President of The New Development Bank of BRICS," Chouhan said in a tweet.
In another tweet, Chouhan said, "This truly ushers in a new world order," he said congratulating the BRICS citizens.
Yesterday, the member countries of BRICS nations- Brazil, Russia, India, China and South Africa - agreed to set up the $100 billion bank to help development of member nations and developing countries. The bank will be headquartered at Shanghai and India's candidate will be the first president of the bank.
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