Mr. Jin Liqun, President of the Asian Infrastructure Investment Bank (AIIB), met and exchanged views on future cooperation between the AIIB and Germany with Madam Angela Merkel, Federal Chancellor of Germany, on Monday, May 2, 2016 in the margins of the Annual Meeting of the Asian Development Bank in Frankfurt, Germany.
The AIIB, located in Beijing, aims to promote broad-based economic and social development in Asia through investment in infrastructure and other productive sectors and promote regional cooperation in addressing development challenges by working with other multilateral and bilateral development institutions. Germany is the fourth largest shareholder of the AIIB and the largest non-regional shareholder. Germany ratified AIIB's Articles of Agreement on December 21, 2015.
