AIIB President Jin Liqun met with Canadian Finance Minister Bill Morneau at AIIB's headquarters to discuss collaboration between AIIB and Canada. President Jin welcomed Canada’s decision to apply for membership in AIIB.
After the meeting, President Jin and Minister Morneau held a joint press conference, at which President Jin said, "The decision of Canada to apply to join AIIB is very welcome and shows its confidence in the strong foundations the Bank has built in our first few months. Canada has a remarkable track record of multilateral engagement, and I believe it will contribute significantly to the development of this Bank."
Minister Morneau said, "Succeeding in the global economy of tomorrow will require strategic partnerships and openness to the world. Canada is always looking for ways to create hope and opportunity for people around the world, and membership in the AIIB is an opportunity to do just that."
It was announced at the Bank's Annual Meeting in June that formal expressions of interest from potential new members would be welcomed before September 30, 2016. The Bank looks forward to welcoming the first of these new members early in 2017.
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.
Additional information on the Bank can be found at www.aiib.org .
Washington, D.C., April 17, 2026
MDB Heads Deepen Collaboration to Support Countries Through Heightened Global Uncertainty
In a period of heightened global uncertainty, including the evolving situation in the Middle East, the Heads of Multilateral Development Banks (MDBs) today underscored the importance of close cooperation to support stability, safeguarding development progress, and responding to mounting pressures in their member economies.
READ MOREWashington, D.C., April 16, 2026
MDB Common Approach to Measuring Jobs Outcomes
The following Multilateral Development Banks (MDBs) have agreed to closer collaboration on a common approach to measuring the impact of our operations on creating more and better jobs. To achieve this, we will deepen coordination and partnership across countries, MDBs, the private sector, and other stakeholders.
READ MOREWashington, D.C., April 16, 2026
AIIB Report Urges Greater Investment in Protecting the Global Water Cycle
The Asian Infrastructure Investment Bank (AIIB) today launched new research examining how the hydrological cycle is being destabilized by climate change and the impact this is having on water security, food systems and economic performance worldwide.
READ MOREBeijing, April 10, 2026
AIIB President Zou Visits Additional Members in Southeast and South Asia to Strengthen Partnerships and Advance Infrastructure Delivery
Asian Infrastructure Investment Bank (AIIB) President Zou Jiayi visited founding members Cambodia, Malaysia, Lao PDR and Bangladesh April 1-4, reinforcing the Bank’s commitment to deliver sustainable infrastructure and strengthen collaboration for impact in support of members’ development priorities.
READ MORE