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Date : Jan 17, 2022

Description :



Topic à International Relations


  • What exactly is AIIB:


  • The Asian Infrastructure Investment Bank (AIIB) is an international development bank tasked with improving social and economic results in Asia and beyond.
  • The Bank's Membership is made up of the parties to the agreement (57 founding members).
  • Beijing is the bank’s headquarters.
  • It first opened its doors in January of 2016.


  • Aim:


  • It seeks to connect people, services, and markets that will influence billions of lives and build a better future by investing in sustainable infrastructure and other productive industries now.


  • Membership:


  • There are now over 100 members.
  • France, Germany, Italy, and the United Kingdom are among the 14 G-20 countries that are members of the AIIB.


  • Right to vote:


  • China is the bank's largest stakeholder, with 26.61 percent of voting shares, followed by India (7.6%), Russia (6.01%), and Germany (6.01%). (4.2 percent ).
  • Regional members have 75 percent of the Bank's total voting power.


  • AIIB organs include:


  • Board of Governors: Each member country appoints one Governor and one Alternate Governor to the Board of Governors. Governors and Alternate Governors serve at the discretion of the member who appoints them.
  • Board of Directors: The Bank's general operations are directed by a non-resident Board of Directors, which exercises all powers given to it by the Board of Governors.
  • The Bank has formed an International Advisory Panel (IAP) to advise the President and Senior Management on the Bank's strategy and policies, as well as basic operational matters.


  • Source à The Hindu

Tags : India, China, ADB

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