WASHINGTON (Sputnik) — Sweden is interested in joining the China-led Asian Infrastructure Investment Bank (AIIB), but has not made an official decision yet, Swedish Prime Minister Stefan Lofven said at The Brookings Institution in Washington, DC on Tuesday.
“Sweden is definitely interested and we are looking into it,” Lofven stated. “We haven’t decided, but we are very close and we think we will be interested as well in joining that.”
“Of course, many companies, many countries want to be part of those investments,” he noted.
Initially, a number of countries were “hesitating” to invest in the AIIB, Lofven explained, but now “there is a huge interest” internationally to join the China-led investment fund.
The primary goal of the China-led AIIB is to finance major infrastructure projects in Asia. Some see the bank as a rival to the US-based International Monetary Fund and the World Bank.