Gujarat, January 13, 2017
President visits India to discuss the power of shared experiences across developing countries
President Jin addresses students at Pandit Deendayal Petroleum University
January 16, 2017 – AIIB President, Jin Liqun, visited Gujarat, India from January 10-11, 2017 to meet with Prime Minister Mr. Narendra Modi, Finance Minister Mr. Arun Jaitley and the Chief Minister of Gujarat, Mr. Vijay Rupani. He also delivered remarks at the Inauguration of the Vibrant Gujarat Global Summit 2017, and addressed students at the Pandit Deendayal Petroleum University (PDPU).
At the Inauguration of Vibrant Gujarat Global Summit 2017, President Jin took this opportunity to discuss the importance of empowering the bank’s regional members to draw on each other’s development experiences to create “made in Asia” solutions to shared economic and infrastructure challenges. He reinforced the need for India to play a leadership role as a country with demonstrated successes leveraging infrastructure investments to improve economic outcomes.
In his speech to students at PDPU, President Jin encouraged the students to lead India into the future by championing cross-border collaboration and to challenge the status quo by experimenting with new development approaches to address their social and economic issues.
Following his trip, President Jin said "It was a great pleasure to meet Prime Minister Modi and other Indian leaders during my visit to Gujarat. As its second largest shareholder, India plays an important role in the development of this Bank, and I am grateful for the steadfast support of Prime Minister Modi and his government. This visit provided an important opportunity to hear from officials on the priority areas of need for infrastructure investment. The AIIB looks forward to being a strong partner for India in supporting its infrastructure development."
Beijing, December 19, 2017
AIIB Approves Membership of Cook Islands, Vanuatu, Belarus and Ecuador
The Asian Infrastructure Investment Bank’s (AIIB) Board of Governors has adopted resolutions approving four applicants to join the Bank, bringing AIIB’s total approved membership to 84. This round of approved applicants includes two regional and two nonregional prospective members.READ MORE
Beijing, December 16, 2017
UK Government Pledges US$50 million to AIIB Project Preparation Special Fund
Asian Infrastructure Investment Bank (AIIB) President Jin Liqun and United Kingdom (UK) Chancellor of the Exchequer Rt Hon Philip Hammond have signed an agreement for the UK to contribute US$50 million to AIIB’s Project Preparation Special Fund which provides grant support primarily to low income developing member countries to prepare high quality projects.READ MORE
Beijing, December 12, 2017
Together Major Development Finance Institutions Align Financial Flows with the Paris Agreement
The global development agenda is being transformed in fundamental ways. The Sustainable Development Goals (SDGs), agreed upon by the international community, constitute a universal compass, highlighting the need for systemic and collective action for sustainable, equitable and inclusive development for everyone on this planet. The imperative for mobilizing and shifting financial flows, public and private, towards sustainable development was highlighted by the 2015 Addis-Ababa Financing for Development Conference. The Paris Agreement reached at COP21 recognized that all countries and stakeholders must act to combat climate change. Since the Agreement’s entry into force in 2016, the momentum for climate action has become irreversible.READ MORE