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, May 12, 2022
AIIB, OPEC Fund Advance Partnership for Global Infrastructure Funding
The Asian Infrastructure Investment Bank (AIIB) and the OPEC Fund for International Development (the OPEC Fund) have signed a Memorandum of Understanding (MOU) to expand their operational and strategic cooperation to finance global public and private sector projects, promoting sustainable, resilient and high-standard infrastructure development.READ MORE
Beijing, May 11, 2022
AIIB Signs USD200M On-lending Facility to Support Sustainable Infrastructure Development in Bangladesh
The Asian Infrastructure Investment Bank (AIIB) and the Government of Bangladesh have signed a USD200-million on-lending facility to Infrastructure Development Co. Ltd (IDCOL) to finance infrastructure projects in Bangladesh, marking AIIB’s first investment through a financial institution into infrastructure in the country.READ MORE