LINE

Text:AAAPrint
Economy

AIIB founders top 57 with seven new members

1
2015-04-15 15:54Xinhua Editor: Mo Hong'e

The prospective founding members of the Asian Infrastructure Investment Bank (AIIB) hit 57 on Wednesday after seven more countries were approved, China's Ministry of Finance said.

Sweden, Israel, South Africa, Azerbaijan, Iceland, Portugal and Poland were all included as founding members.

Founding members of the AIIB have the right to help define the bank's rules, while countries that applied to join after March 31 will be considered ordinary members with voting rights only but less say in the rule-making process.

The AIIB will provide financing for roads, railways, airports and other infrastructure projects in Asia. It is expected to be established by the end of this year.

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.