At the G20 summit in Brisbane they announced plans to nominate top level officials to the bank ahead of next year’s BRICS summit in Russia.

Kathryn Hockstetler is Political Science Professor at the University of Waterloo, in Canada.

Kristina Kukolja asked her if there’s room for the new bank in the international financial arena.

Available at: http://www.sbs.com.au/news/article/2014/11/19/brics-fast-tracking-new-development-bank