JEJU ISLAND, South Korea, June 17-- Chief of the China-initiated Asian Infrastructure Investment Bank (AIIB) vowed Saturday to expand the bank's cooperation with every country in the world to achieve one of its main goals of green development. AIIB President Jin Liqun told a press conference that sustainable infrastructure cannot be achieved single-handedly, noting the AIIB will cooperate with 80 approved members as well as willingly with every country in the world. The AIIB, officially launched in January 2016, is a multilateral development bank initiated by China and supported by a wide range of countries and regions, which provides financing for infrastructure improvement in Asia. The second annual meeting of the AIIB's board of governors lasted for two days through Saturday in South Korea's southern resort island of Jeju. The first meeting was held in Beijing last year. The AIIB membership increased to 80, including 57 founding members, as Argentina, Madagascar and Tonga were approved by the board of governors during Friday's business session. The growing membership would become a significant catalyst to go beyond Asia, the AIIB chief said. Jin told reporters that the growing membership was a vote of confidence toward the AIIB and indicated the future of the bank, which is the 21st century institution. Its membership ranges from Asia to Europe, Latin America, the Middle East and Africa. |