Luxembourg, July 12, 2019
AIIB Signs Agreements to Deepen International Cooperation
The Asian Infrastructure Investment Bank (AIIB) this week signed cooperation agreements with two leading global partners as part of its ongoing commitment to expand collaboration with the international community.
On the sidelines of the Bank’s fourth Annual Meeting in Luxembourg, AIIB and the European Stability Mechanism (ESM) agreed to a memorandum of understanding (MoU), which covers technical cooperation, exchange on economic and policy strategy, funding, risk management and legal services.
The MoU signed by AIIB President Jin Liqun also supports greater knowledge sharing between the two institutions as well as staff exchanges.
President Jin signed a separate MoU with the International Fund for Agricultural Development (IFAD) to partner in several areas, including co-financing of projects and programs, mobilization of private sector financing and research and analysis.
The MoU with the specialized agency of the United Nations has a strong focus on the development of rural infrastructure, renewable energy sources, and climate change adaptation and mitigation - key concerns underpinning the Sustainable Development Goals.
“Partnership continues to be a fundamental operating principle of the Bank,” said President Jin. “By working together with ESM and IFAD on joint initiatives and leveraging each other’s expertise we will strengthen our capacity to deliver on our respective missions and benefit our members.”
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank with a mission to improve social and economic outcomes in Asia. Headquartered in Beijing, we began operations in January 2016 and have now grown to 97 approved members worldwide. By investing in sustainable infrastructure and other productive sectors in Asia and beyond, we will better connect people, services and markets that over time will impact the lives of billions and build a better future.
Beijing, China, May 29, 2020
AIIB Approves USD750-M Loan to the Philippines for COVID-19 Response
As part of a coordinated international effort, the Asian Infrastructure Investment Bank (AIIB) has approved a USD750-million loan to the Philippines to stave off the worst public health and economic effects of the COVID-19 pandemic.READ MORE
Beijing, China, May 22, 2020
AIIB Approves EUR91.34 Million COVID-19 Emergency Assistance to Georgia
The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a loan of EUR91.34 million (approximately USD100 million equivalent) in support of an emergency project to help the Government of Georgia mitigate and address the health and social impacts of the COVID-19 pandemic.READ MORE