BRICS Contingent Reserve Arrangement

GPTKB entity

Statements (50)
Predicate Object
gptkbp:instance_of gptkb:logistics
gptkbp:access_conditions gptkb:Crisis_intervention
gptkbp:aims_to strengthen financial stability
gptkbp:aims_to_improve vulnerability to external shocks
gptkbp:collaboration BRICS nations
gptkbp:competes_with gptkb:IMF
gptkbp:currency gptkb:US_Dollar
gptkbp:enhances regional financial cooperation
financial resilience
gptkbp:established gptkb:2015
gptkbp:facilitates currency swaps
gptkbp:funding bilateral swap agreements
gptkbp:governance gptkb:BRICS_countries
gptkbp:governed_by BRICS leaders
https://www.w3.org/2000/01/rdf-schema#label BRICS Contingent Reserve Arrangement
gptkbp:influences global financial system
gptkbp:is_a multilateral initiative
gptkbp:is_a_tool_for financial stability
gptkbp:is_aimed_at preventing financial crises
gptkbp:is_designed_to provide emergency funds
reduce dependency on USD
gptkbp:is_discussed_in BRICS summits
gptkbp:is_expected_to increase in size
gptkbp:is_expected_to_play_a_role_in future economic crises.
gptkbp:is_influenced_by global economic trends
gptkbp:is_linked_to global trade
gptkbp:is_monitored_by BRICS finance ministers
gptkbp:is_opposed_by traditional financial institutions
gptkbp:is_part_of BRICS economic strategy
gptkbp:is_part_of_the_brics_agenda_to promote economic stability
gptkbp:is_supported_by central banks
gptkbp:is_tasked_with greater financial security
gptkbp:is_utilized_by member countries
gptkbp:location BRICS nations
gptkbp:mechanism_of_action collective financial support
gptkbp:members gptkb:Brazil
gptkb:China
gptkb:India
gptkb:Russia
gptkb:South_Africa
gptkbp:operational_since gptkb:2015
gptkbp:originated_in financial integration among BRICS countries
gptkbp:promotes economic cooperation
gptkbp:provides gptkb:financial_assistance
gptkbp:purpose provide liquidity support
gptkbp:related_to BRICS grouping
gptkbp:strategic_goals enhance economic sovereignty
gptkbp:supports emerging economies
gptkbp:total_size 100 billion USD
gptkbp:was_a_response_to global economic challenges