Luxembourg-AIIB/New Members
Luxembourg City, Luxembourg - July 13, 2019 (CCTV - No access Chinese mainland)
1. Various of European Convention Center Luxembourg building, venue of Asian Infrastructure Investment Bank (AIIB) 2019 Annual Meeting
2. AIIB President Jin Liqun (C), AIIB Vice President and Corporate Secretary Sir Danny Alexander (L1), Benin's economy and finance minister Romuald Wadagni (L2), Minister of Economy and Finance of Industry of Djibouti Ilyas Moussa Dawaleh (L4), Rwandan Minister of Finance and Economic Planning Uzziel Ndagijimana (L5) posing for photo
3. SOUNDBTIE (English) Uzziel Ndagijimana, Rwandan Minister for Finance and Economic Planning:
"We have great expectations. First of all, we are happy today that Rwanda has been admitted to this great bank and this great family of 100 members. And we are the No.100. It's a good number. So our expectation is to join the other members and to work together to develop the bank, but also to use its products to develop infrastructure. "
4. SOUNDBITE (English) Ilyas Moussa Dawaleh, Minister of Economy and Finance of Industry of Djibouti:
"[It means] a lot of things: friendship, cooperation, connectivity. And this is all about Djibouti and its ambition to create the connection point of Asia to Europe, of course, with Africa. So we're very honored to be an official member of AIIB membership today and we will be happy to have a long way to do together with our friends from Asia, Europe and Africa."
5. Various of people walking,
6. Flags of AIIB, AIIB members
The China-initiated Asian Infrastructure Investment Bank (AIIB) on Saturday approved the membership of Benin, Djibouti and Rwanda, bringing AIIB's total approved membership to 100.
The decision was made unanimously by AIIB's Board of Governors at its fourth annual meeting held in Luxembourg.
"We have great expectations. First of all, we are happy today that Rwanda has been admitted to this great bank and this great family of 100 members. And we are the No.100. It's a good number. So our expectation is to join the other members and to work together to develop the bank, but also to use its products to develop infrastructure," said Uzziel Ndagijimana, the Rwandan Minister for Finance and Economic Planning.
Ilyas Moussa Dawaleh, Minister of Economy and Finance of Djibouti, spoke highly of the approval to join in the AIIB.
[It means] a lot of things: friendship, cooperation, connectivity. And this is all about Djibouti and its ambition to create the connection point of Asia to Europe, of course, with Africa. So we're very honored to be an official member of AIIB membership today and we will be happy to have a long way to do together with our friends from Asia, Europe and Africa," he said.
The three prospective non-regional members will officially join the AIIB once they complete the required domestic processes and deposit the first capital installment with the bank.
In the meantime, AIIB's Board of Governors elected Chinese Finance Minister Liu Kun as chairman of the board.
With the amount of approved members reaching 100, the approved financing increases to 8.5 billion U.S. dollars and the AIIB has become an important member of a multilateral development system, said Liu at the bank's annual meeting.
Liu commended the progress AIIB has made during the last three years, adding that AIIB has been granted permanent observer status by the United Nations General Assembly. Some of the progress includes the bank's issuing of U.S.-dollar-denominated global bonds and the development of a series of important strategies and policies.
Under the theme "Cooperation and Connectivity," the two-day AIIB 2019 annual meeting kicked off in Luxembourg on Friday, for the first time outside Asia, drawing over 1,000 AIIB officials, representatives from members and partner institutions, business leaders and experts.
This year's annual meeting highlighted stronger Asia-Europe cooperation. Focusing on digital connectivity, climate change, sustainable infrastructure and mobilizing finance for circular economy transitions.
Luxembourg-AIIB/New Members
Dateline : July 13, 2019
Location : Luxembourg
Duration : 2'04
Luxembourg City, Luxembourg - July 13, 2019 (CCTV - No access Chinese mainland)
1. Various of European Convention Center Luxembourg building, venue of Asian Infrastructure Investment Bank (AIIB) 2019 Annual Meeting
2. AIIB President Jin Liqun (C), AIIB Vice President and Corporate Secretary Sir Danny Alexander (L1), Benin's economy and finance minister Romuald Wadagni (L2), Minister of Economy and Finance of Industry of Djibouti Ilyas Moussa Dawaleh (L4), Rwandan Minister of Finance and Economic Planning Uzziel Ndagijimana (L5) posing for photo
3. SOUNDBTIE (English) Uzziel Ndagijimana, Rwandan Minister for Finance and Economic Planning:
"We have great expectations. First of all, we are happy today that Rwanda has been admitted to this great bank and this great family of 100 members. And we are the No.100. It's a good number. So our expectation is to join the other members and to work together to develop the bank, but also to use its products to develop infrastructure. "
4. SOUNDBITE (English) Ilyas Moussa Dawaleh, Minister of Economy and Finance of Industry of Djibouti:
"[It means] a lot of things: friendship, cooperation, connectivity. And this is all about Djibouti and its ambition to create the connection point of Asia to Europe, of course, with Africa. So we're very honored to be an official member of AIIB membership today and we will be happy to have a long way to do together with our friends from Asia, Europe and Africa."
5. Various of people walking,
6. Flags of AIIB, AIIB members
The China-initiated Asian Infrastructure Investment Bank (AIIB) on Saturday approved the membership of Benin, Djibouti and Rwanda, bringing AIIB's total approved membership to 100.
The decision was made unanimously by AIIB's Board of Governors at its fourth annual meeting held in Luxembourg.
"We have great expectations. First of all, we are happy today that Rwanda has been admitted to this great bank and this great family of 100 members. And we are the No.100. It's a good number. So our expectation is to join the other members and to work together to develop the bank, but also to use its products to develop infrastructure," said Uzziel Ndagijimana, the Rwandan Minister for Finance and Economic Planning.
Ilyas Moussa Dawaleh, Minister of Economy and Finance of Djibouti, spoke highly of the approval to join in the AIIB.
[It means] a lot of things: friendship, cooperation, connectivity. And this is all about Djibouti and its ambition to create the connection point of Asia to Europe, of course, with Africa. So we're very honored to be an official member of AIIB membership today and we will be happy to have a long way to do together with our friends from Asia, Europe and Africa," he said.
The three prospective non-regional members will officially join the AIIB once they complete the required domestic processes and deposit the first capital installment with the bank.
In the meantime, AIIB's Board of Governors elected Chinese Finance Minister Liu Kun as chairman of the board.
With the amount of approved members reaching 100, the approved financing increases to 8.5 billion U.S. dollars and the AIIB has become an important member of a multilateral development system, said Liu at the bank's annual meeting.
Liu commended the progress AIIB has made during the last three years, adding that AIIB has been granted permanent observer status by the United Nations General Assembly. Some of the progress includes the bank's issuing of U.S.-dollar-denominated global bonds and the development of a series of important strategies and policies.
Under the theme "Cooperation and Connectivity," the two-day AIIB 2019 annual meeting kicked off in Luxembourg on Friday, for the first time outside Asia, drawing over 1,000 AIIB officials, representatives from members and partner institutions, business leaders and experts.
This year's annual meeting highlighted stronger Asia-Europe cooperation. Focusing on digital connectivity, climate change, sustainable infrastructure and mobilizing finance for circular economy transitions.
ID : 8115968
Published : 2019-07-14 07:36
Last Modified : 2019-07-15 10:39:00
Source : China Central Television (CCTV)
Restrictions : No access Chinese mainland
More