Thursday, 25 June 2015

which country is joining Asian Infrastructure Investment Bank?

which country is joining  Asian Infrastructure Investment Bank?

Options

1) Australia

2) new Zealand


3) turkey


4) russia


answer

Australia  will join the China-led Asian Infrastructure Investment Bank as a founding member. 

It will contribute  718.5million US dollars 

The Asian Infrastructure Investment Bank (AIIB) is an international financial institution proposed by the government of China. The purpose of the multilateral development bank is to provide finance to infrastructure projects in the Asia region

The bank was proposed by China in 2013  and launched at a ceremony in Beijing in October 2014