How many member countries does AIIB have?

Headquartered in Beijing, AIIB is a regional multilateral development organization in propose to create, China, aiming at providing financing support for infrastructure construction in Asia, promoting regional connectivity and promoting regional economic development. The legal capital of AIIB is $654.38+000 billion, the initial subscribed capital target is about $50 billion, and the paid-in capital is 20% of the subscribed capital.

The member countries of AIIB are: France, Germany, Italy, Korea, Russia, Australia, Bangladesh, Brunei, Cambodia, China, India, Kazakhstan, Kuwait, Laos, Malaysia, Mongolia, Myanmar, Nepal, Oman, Pakistan, Philippines, Qatar, Singapore, Sri Lanka and Thailand.

Uzbekistan Vietnam, Indonesia, Maldives, Saudi Arabia and Tajikistan. The 57 countries that intend to join in the near future are: New Zealand, Britain, Germany, France, Italy, Luxembourg and Switzerland.

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Main purposes:

Promote the sustainable development of Asian economy, create wealth and improve infrastructure interconnection through investment in infrastructure and other production fields;

Cooperate closely with other multilateral and bilateral development agencies to promote regional cooperation and partnership to meet development challenges.

Main functions:

In order to achieve its purpose, banks should have the following functions:

(a) Promoting the development of public and private capital investment in the region, especially in infrastructure and other productive areas;

(2) Use its disposable funds to provide financing support for the development of the region, including projects and plans that can most effectively support the harmonious development of the overall economy of the region, and pay special attention to the needs of underdeveloped members in the region;

(3) Encourage private capital to participate in projects, enterprises and activities conducive to regional economic development, especially the development of infrastructure and other production fields, and supplement private investment when private capital financing cannot be obtained on reasonable terms; Besides,

(4) Other activities and services provided to strengthen these functions.

References:

Baidu Encyclopedia-Asia Infrastructure Investment Bank