2 nations raise AIIB membership to 86
Print Edition
THE Asian Infrastructure Investment Bank’s Board of Governors has approved two applicants to join the development bank, bringing its total approved membership to 86.
The approved applicants include one regional member, Papua New Guinea, and one non-regional prospective member, Kenya in Africa.
“We’re very happy to welcome Papua New Guinea and Kenya as prospective members of AIIB,” said Danny Alexander, vice president and corporate secretary of the multilateral development bank.
“AIIB now has 86 approved members from six continents. This shows a strong commitment to promoting infrastructure development through rules-based multilateral cooperation with high standards of governance,” Alexander added.
The two prospective members will officially join AIIB once they complete the required domestic process and deposit the first installment of capital with the bank. The shares allocated to the new prospective members come from AIIB’s existing pool of unallocated shares.
At its launch in January 2016, there were 57 signatories to AIIB’s Articles of Agreement. In March, May, June and December 2017, the bank approved another 27 prospective members.
With a mission to improve social and economic outcome in Asia and beyond, the Beijing-headquartered development bank is committed to investing in sustainable infrastructure and other productive sectors.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
