Over 40 countries sign on to AIIB AIIB 마감, 참여국가는?

The sign-up period for joining the China-led Asian Infrastructure Investment Bank has come to a close,… and a total of 46 countries joined in as founding members.
Missing on that list though is the U.S. and Japan.
Shin Se-min has more.
The Asian Infrastructure Investment Bank aims to help low-income regions by providing the necessary funds for large-scale development projects.
The four largest European economies,… Germany, UK, France and Italy,… as well as Australia, Brazil and South Korea have applied to become members.
But the U.S., and Japan,…opted out of the March 31st deadline,… with Washington citing concerns over the AIIB′s governing standards,… and whether it′ll negatively affect U.S.-based institutions like the World Bank.
Japanese officials also said that the country will wait and watch how China guarantees fair governance at the bank.
So far, the AIIB has confirmed one-hundred billion U.S. dollars in capital,… with the initial 50 billion dollars contributed by member nations.
Proposed by China in 2013,… the bank is seen as China′s attempt to take on a more prominent role in the global financial system.
Experts question whether the bank will successfully grant loans,…and they′ll be watching to see which countries and what types of companies benefit from the institution.
The final list of founding members will be confirmed on April 15th… and the completion of signing and negotiations will take place in June.
The bank is expected to be set up by the end of this year.
Shin Se-min, Arirang News.

2 thoughts on “Over 40 countries sign on to AIIB AIIB 마감, 참여국가는?

  1. The sign-up period for joining the China-led Asian Infrastructure
    Investment Bank has come to a close,… and a total of 46 countries joined
    in as founding members.
    Missing on that list though is the U.S. and Japan.
    Shin Se-min has more.
    The Asian Infrastructure Investment Bank aims to help low-income regions by
    providing the necessary funds for large-scale development projects.
    The four largest European economies,… Germany, UK, France and Italy,…
    as well as Australia, Brazil and South Korea have applied to become members.
    But the U.S., and Japan,…opted out of the March 31st deadline,… with
    Washington citing concerns over the AIIB′s governing standards,… and
    whether it′ll negatively affect U.S.-based institutions like the World Bank.
    Japanese officials also said that the country will wait and watch how China
    guarantees fair governance at the bank.
    So far, the AIIB has confirmed one-hundred billion U.S. dollars in
    capital,… with the initial 50 billion dollars contributed by member
    nations.
    Proposed by China in 2013,… the bank is seen as China′s attempt to take
    on a more prominent role in the global financial system.
    Experts question whether the bank will successfully grant loans,…and
    they′ll be watching to see which countries and what types of companies
    benefit from the institution.
    The final list of founding members will be confirmed on April 15th… and
    the completion of signing and negotiations will take place in June.
    The bank is expected to be set up by the end of this year.
    Shin Se-min, Arirang News.

  2. Asian Development Bank was Japanese lending institution to flow their
    surplus in other countries. They had most say about it thus only Japanese
    was selected as president. This is why China decided to start AIIB and
    South Korea is happy to join them with full support. ADB has less than 10
    billion USD for lending but new AIIB will have 100 billion USD for lending
    for infrastructure business. I am glad to see Japan is out of it. Right
    now China, South Korea and Taiwan has so much surplus that it will be good
    to use that extra surplus to develop other Asian countries in needs for
    better life for true globalization. ADB was just front for Japanese
    government.

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