Where was the Americas Regional Office of the New Development Bank (NDB) announced to be established during the BRICS Foreign Ministers’ Meeting in 2018?
- (a)Mexico City
- (b)Buenos Aires
- (c)São Paulo
- (d)Lima
Answer
Why
Correct — C. The BRICS foreign ministers met in Pretoria on 4 June 2018. Their media statement welcomed the institutional progress of the New Development Bank, including the upcoming establishment of the Americas Regional Office in São Paulo, Brazil.
Alongside the Africa Regional Centre, it said, the office would help the NDB consolidate its presence on those continents. So option (c).
Why the others are wrong
- (a)Mexico City — Mexico City is in Mexico, which was not a BRICS member. The 2018 statement put the office in Brazil, at São Paulo.
- (b)Buenos Aires — Buenos Aires is Argentina's capital, and Argentina was not a BRICS member in 2018. The ministers named São Paulo, Brazil.
- (d)Lima — Lima is Peru's capital, outside BRICS. The Pretoria statement named São Paulo, and NDB's own history records the office opening there in 2019, with a sub-office in Brasília.
Concept
The New Development Bank was set up by the BRICS countries. Its founding agreement was signed at the sixth BRICS summit in Fortaleza in 2014, and it is headquartered in Shanghai.
NDB's history records its regional offices: the Africa Regional Center in Johannesburg (2017), the Americas Regional Office in São Paulo (2019), the Eurasian Regional Centre in Moscow (2020) and an India Regional Office in GIFT City (2022).
The stem says the office was announced at the 2018 meeting. The statement itself speaks of its upcoming establishment, and the office opened the following year.
Key facts
- The BRICS foreign ministers met in Pretoria, South Africa, on 4 June 2018.
- Their statement welcomed the upcoming Americas Regional Office of the NDB in São Paulo, Brazil.
- NDB's Americas Regional Office in São Paulo, with a sub-office in Brasília, was established in 2019.
- The agreement establishing the NDB was signed at the sixth BRICS summit in Fortaleza in 2014.
Study next
Common traps
- Assuming the office sits in a capital: it is in São Paulo, with a sub-office in the capital, Brasília.
- Choosing a Latin American city in a country that was not a BRICS member in 2018.
The same Pretoria meeting is tested at 12 Sep 2025, 16:00, GA Q.7, which asks the city that hosted it (keyed Pretoria, South Africa).
Related PYQs
No directly related past PYQ was found.