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IRAN JOINS CHINA-LED ASIAN INFRASTRUCTURE INVESTMENT BANK
(c) AFP 2015/ Takaki Yajima
MIDDLE EAST
13:51 08.04.2015(updated 14:09 08.04.2015) Get short URL
44870
The China-led Asian Infrastructure Investment Bank accepted Iran's
membership on Tuesday, the Iranian embassy in Beijing said.
(c) AP PHOTO/ MICHEL EULER Moscow's AIIB Membership to Bring More
Foreign Investments in Russia The Islamic Republic thus became the
34th founding member of the AIIB, which is the main rival of the
World Bank, Iran's Fars news agency reported.
The Iranian embassy noted that the AIIB officials had invited Iran's
banking officials to attend the upcoming meetings of the bank.
Fifty-seven countries have applied for membership in the international
bank and 34 have already been granted membership.
China is going to invest about $50 billion in the bank to hold about
50 percent of AIIB's shares.
Russia's First Deputy Prime Minister Igor Shuvalov, speaking on
Saturday at a forum in Boao on the Southern Chinese island of Hainan,
said the country plans to join the AIIB.
Washington's European allies including Britain, France, Germany and
Italy have already also announced they would join the bank, leaving
the US isolated, World Bulletin reported.
Other countries such as Turkey and South Korea have also said they
would join. Brazil, China's top trading partner, said on Friday it
would sign up.
Read more:
http://sputniknews.com/middleeast/20150408/1020607971.html#ixzz3WiiX9fqL
From: Baghdasarian
(c) AFP 2015/ Takaki Yajima
MIDDLE EAST
13:51 08.04.2015(updated 14:09 08.04.2015) Get short URL
44870
The China-led Asian Infrastructure Investment Bank accepted Iran's
membership on Tuesday, the Iranian embassy in Beijing said.
(c) AP PHOTO/ MICHEL EULER Moscow's AIIB Membership to Bring More
Foreign Investments in Russia The Islamic Republic thus became the
34th founding member of the AIIB, which is the main rival of the
World Bank, Iran's Fars news agency reported.
The Iranian embassy noted that the AIIB officials had invited Iran's
banking officials to attend the upcoming meetings of the bank.
Fifty-seven countries have applied for membership in the international
bank and 34 have already been granted membership.
China is going to invest about $50 billion in the bank to hold about
50 percent of AIIB's shares.
Russia's First Deputy Prime Minister Igor Shuvalov, speaking on
Saturday at a forum in Boao on the Southern Chinese island of Hainan,
said the country plans to join the AIIB.
Washington's European allies including Britain, France, Germany and
Italy have already also announced they would join the bank, leaving
the US isolated, World Bulletin reported.
Other countries such as Turkey and South Korea have also said they
would join. Brazil, China's top trading partner, said on Friday it
would sign up.
Read more:
http://sputniknews.com/middleeast/20150408/1020607971.html#ixzz3WiiX9fqL
From: Baghdasarian