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  • The Asian Infrastructure Investment Bank: Development And Expectations

    21.07.2015 | E-Bulletin | Economy | 718 Dinara Taldybayeva

    The first news about the Asian Infrastructure Investment Bank (AIIB) have come up by October 2013. During the meeting held in the course of visit to Indonesia the President of China, Xi Jinping, and the President of Indonesia, Susilo Bambang Yodhoyono, the Chinese president suggested to establish the AIIB in order to enhance the development in the Asian region and to insure economic integration. Thus, the AIIB was established with the leadership of China in 2014 and in the first step, the Asian Infrastructure Investment Bank Agreement was signed by 21 countries. Later, on 29 June, 2015 the representatives of 57 candidate charter member countries attended the Special Interministerial Meeting about the establishment of the AIIB in Beijing. 50 countries have already signed the Agreement and the signing period for the other countries will continue until the end of 2015.

    Tags: Asia, AIIB, Investment, Infrastructure, China, Economy

Author

  • Junior Research Fellow

    Dinara Taldybayeva

    In 1983, born in South Kazakhstan region city of Turkestan. In 2000, Taldybayeva entered in Akhmet Yassawi International Turkish Kazakh University economy faculty department of International Relations.