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, April 21, 2021
First Meeting of the Heads of the Multilateral Development Banks 2021
Asian Infrastructure Investment Bank’s (AIIB) President Jin Liqun chaired the first meeting in 2021 of the Heads of the Multilateral Development Banks (MDB) today.READ MORE
Beijing, April 21, 2021
AIIB Launches Sustainable Development Bond Framework
Today, the Asian Infrastructure Investment Bank (AIIB) launched a new framework to help the investor community better assess how the Bank is living up to its sustainability commitments.READ MORE
Beijing, April 06, 2021
AIIB and EBRD streamline co-financing procedures
The Asian Infrastructure Investment Bank (AIIB) and the European Bank for Reconstruction and Development (EBRD) are streamlining their cooperation to promote economic development and investment across countries where both institutions are active.READ MORE