Germany, September 30, 2015
The 7th Chief Negotiators' Meeting took place in Frankfurt, Germany, on September 28-29, 2015
The 7th Meeting Chief Negotiators' Meeting on the Establishment of the Asian Infrastructure Investment Bank (AIIB) was held on September 28-29, 2015 in Frankfurt, Germany. The meeting was chaired by Mr. Shi Yaobin, Vice Minister of the Chinese Ministry of Finance and Permanent Chair of the Chief Negotiators' Meetings, and Dr. Ludger Schuknecht, Chief Negotiator of Germany. Representatives from the Prospective Founding Members (PFMs) of the AIIB and Mr. Jin Liqun, AIIB President-designate, attended the meeting.
At the meeting, representatives reached broad agreement on moving forward with the AIIB's key operational, financial, corporate procurement, Environmental and Social Framework and HR policies. The draft policy documents will be revised in light of the discussions and the written comments provided by PFMs and then submitted to the AIIB's Board of Directors for approval.
The AIIB, which will be located in Beijing, will be a new multilateral financial institution designed to provide financial support for infrastructure development and regional connectivity in Asia. The Bank's Articles of Agreement have been signed by 52 of the Bank's 57 Prospective Founding Members. The Articles remain open for signature until December 31, 2015. It is expected that the Bank will be operational by the end of the year.
The 8th Chief Negotiators' Meeting for the Establishment of the AIIB will be held in Jakarta, Indonesia, on 3-4 November, 2015.
Beijing, China, August 14, 2020
AIIB Approves USD50-Million Loan to Fiji for COVID-19 Response
To help the Republic of Fiji cope with the impact of the COVID-19 pandemic, the Asian Infrastructure Investment Bank (AIIB) has approved a USD50-million loan to support the government’s efforts to provide assistance to the formal sector, including small and medium enterprises and their employees, and members of the informal sector, including women microenterpreneurs, such as hawkersREAD MORE
Beijing, China, July 28, 2020
AIIB to Hold its First Annual Meeting in the Middle East in the UAE
The Board of Governors of the Asian Infrastructure Investment Bank (AIIB) announced that its sixth Annual Meeting will be held in Dubai, United Arab Emirates (UAE) on Oct. 27-28, 2021.READ MORE