01:02 GMT19 May 2021
Listen Live
    Business
    Get short URL
    0 142
    Subscribe

    The Asian Infrastructure Investment Bank (AIIB) expects the entrance of new members to join in the beginning of 2017, President Jin Liqun said Saturday.

    BEIJING (Sputnik) — The Asian Infrastructure Investment Bank (AIIB) expects new members to join the bank in the beginning of 2017, President Jin Liqun said Saturday.

    "I warmly welcome representatives of the countries that may potentially apply for accession to AIIB. The Bank expects applications from those who want to join AIIB… We look forward to new members accession in the beginning of 2017," Jin told the opening ceremony of the two-day AIIB meeting in Beijing.

    The president added that the deadline for applying was September 2016.

    The AIIB, an international financial institution proposed by China to invest in infrastructure projects in the Asia-Pacific region, was created in October 2014 and currently has 57 founding members.

    Related:

    Russia, AIIB May Announce Joint Projects at Eastern Economic Forum
    AIIB Claims Global Banks Keen to Invest in Russia-ASEAN Projects
    Russian President Putin Invites AIIB to Participate in Russian Projects
    AIIB, ADB Sign Memorandum to Co-Finance Projects
    Tags:
    application, entrance, members, Asian Infrastructure Investment Bank (AIIB), Jin Liqun
    Community standardsDiscussion