New Asian Bank starts work at the end of this year
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New Asian Bank starts work at the end of this year
1/5/2015 0:00
Beijing - Xinhua
It is expected that the Asian Investment Bank starts in the basic structure of the work before the end of 2015, according to the Ministry of Finance Chinah.oukalt is expected to complement the founding countries of the Bank to participate in the negotiations on the Charter of the Bank and its regulations by June of this year.
According to a statement issued by the Ministry of Finance, the State of the Maldives has become another founding member of the Bank after reaching an agreement between the current members of the 22-member's Day December 31.
So far, the number of the founding members of the potential of the bank amounted to 23 are Bangladesh, Brunei, Cambodia, China, India, Indonesia, Kazakhstan, Kuwait, Laos, Malaysia, Mongolia, Myanmar, Nepal, Oman, Pakistan, Philippines, Qatar, Singapore, Sri Lanka, Thailand, Uzbekistan, Vietnam and the Maldives.
The Finance Ministry said that the State Bank is interested in the subject will receive a warm welcome to join the bank.
It should be noted that the ADB to invest in infrastructure development is a regional non-governmental organization in Asia with an authorized capital of US $ 100 billion and capital subscriber initially expected to be about $ 50 billion.
http://www.alsabaah.iq/ArticleShow.aspx?ID=83908
Beijing - Xinhua
It is expected that the Asian Investment Bank starts in the basic structure of the work before the end of 2015, according to the Ministry of Finance Chinah.oukalt is expected to complement the founding countries of the Bank to participate in the negotiations on the Charter of the Bank and its regulations by June of this year.
According to a statement issued by the Ministry of Finance, the State of the Maldives has become another founding member of the Bank after reaching an agreement between the current members of the 22-member's Day December 31.
So far, the number of the founding members of the potential of the bank amounted to 23 are Bangladesh, Brunei, Cambodia, China, India, Indonesia, Kazakhstan, Kuwait, Laos, Malaysia, Mongolia, Myanmar, Nepal, Oman, Pakistan, Philippines, Qatar, Singapore, Sri Lanka, Thailand, Uzbekistan, Vietnam and the Maldives.
The Finance Ministry said that the State Bank is interested in the subject will receive a warm welcome to join the bank.
It should be noted that the ADB to invest in infrastructure development is a regional non-governmental organization in Asia with an authorized capital of US $ 100 billion and capital subscriber initially expected to be about $ 50 billion.
http://www.alsabaah.iq/ArticleShow.aspx?ID=83908
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