Arab Today, arab today france germany italy to join chinaled infrastructure bank
Last Updated : GMT 21:46:51
Arab Today, arab today
Arab Today, arab today

France, Germany, Italy to join China-led infrastructure bank

Arab Today, arab today

Arab Today, arab today France, Germany, Italy to join China-led infrastructure bank

Asian Infrastructure Investment Bank
Paris - AFP

France, Germany and Italy are planning to join Britain in seeking membership in the Chinese-led development bank AIIB, a French official told AFP Tuesday, even though Washington is skeptical about the bank.
"The Finance Ministry confirms that France will join the AIIB," a spokesman said.
This is a "decision that is convergent with Germany and Italy," he added.
German and Italian authorities could not be reached for an immediate comment.
The $50 billion Asian Infrastructure Investment Bank (AIIB) has been feted by Beijing as a way of financing regional development, and is seen as a potential rival to US-based institutions such as the World Bank.
Washington, Tokyo and Seoul have declined to become founding members -- but within a week, Europe's four biggest economies have signaled plans to join.
London on Thursday announced its ambitions to be the first Western country to join the bank, in a move to bolster relations with China.
China and 20 other countries signed a memorandum of understanding to establish the Beijing-headquartered bank in October.
Responding to reports of European interest in the bank, Chinese foreign ministry spokesman Hong Lei would only say: "We welcome countries to join the AIIB as prospective founding members."
"The AIIB is an open and inclusive multilateral investment institution," the spokesman said, adding that "participation by countries outside the region will intensify the extensive representativeness of the AIIB."

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today france germany italy to join chinaled infrastructure bank Arab Today, arab today france germany italy to join chinaled infrastructure bank

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today france germany italy to join chinaled infrastructure bank Arab Today, arab today france germany italy to join chinaled infrastructure bank

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday