South Africa: President Zuma praises potential of BRICS Bank

South African President Jacob Zuma praised the potential of the New Development Bank, known as the BRICS Bank, in Capetown, Monday, ahead of the BRICS Summit at Russia's Ufa 2015 summit in Ufa on July 8. The new bank can "provide an opportunity for us to have a bank that can you deal with at a level which you are satisfied with, so we're not looked down upon," Zuma said. Speaking to an RT correspondent, Zuma noted the quality of cooperation between the BRICS countries; Brazil, Russia, India, China and South Africa. "We are able to consult, we are able to work together, we are able to have our summits. We've never disagreed on issues, we understand world together," Zuma said. The South African leader also talked positively about the future of the BRICS economies, saying trade "has been growing and it is going to grow [more]".