Honduras' President Castro seeks entry to BRICS-led NDB

Honduras President Xiomara Castro formally requested the country's admission to the BRICS-led New Development Bank in a meeting with the bank's president, Dilma Rousseff.

FILE PHOTO: Honduras President Xiomara Castro delivers a speech during a ceremony to mark the anniversary of the Honduran Air Force at the Hernan Acosta Air Base in Tegucigalpa, Honduras, April 21, 2023. REUTERS/Fredy Rodriguez

TEGUCIGALPA (Reuters) - Honduras President Xiomara Castro formally requested the country's admission to the BRICS-led New Development Bank (NDB) in a meeting with the bank's president, Dilma Rousseff, Castro's office said in a tweet late Friday.

Castro is currently on a six-day official visit to China.

Headquartered in Shanghai, the New Development Bank was set up in 2015 by Brazil, Russia, India, China and South Africa, collectively known as the BRICS countries.

(Reporting by Gustavo Palencia; Writing by Brendan O'Boyle; Editing by Sarah Morland)