The establishment of the Asian Infrastructure Investment Bank (AIIB) has the special meaning to Russia, said Andrei Denisov, Russian Ambassador to China lately.
Russia holds very positive opinion about AIIB. The Asia-Pacific region and northeast Asia need more financial mechanisms and banking institutions for development, Denisov said during an exclusive interview with Xinhuanet.
Russia has made a grand economic development plan for its east. The Eastern Siberia and Far East regions are very near to China, therefore, this plan could only be implemented with China, Denisov noted.
Russia hopes that the new financial mechanisms including AIIB and the Silk Road Fund could promote infrastructure construction in east Russia, Denisov added.
Russia welcomes the efforts that China makes in the new financial mechanisms, Denisov remarked, adding Russia expects to participate in it positively.
Source: XINHUA
GMT 11:56 2018 Wednesday ,17 January
BlackRock chief calls on CEOsGMT 15:26 2018 Friday ,05 January
UAE bans import of live birds from the Netherlands following outbreak of highly contagious H5N8 Bird Flu strainGMT 12:17 2018 Thursday ,04 January
Banks 'reticent' to work with SudanGMT 10:15 2017 Saturday ,30 December
US tax reform to cut earnings by $5 bnGMT 18:42 2017 Thursday ,28 December
Al-Sukait Tackles Investors’ ContributionGMT 18:34 2017 Wednesday ,27 December
Shaath reveals opening date of Metro third lineGMT 09:37 2017 Saturday ,23 December
Brazil to maintain control over EmbraerGMT 14:31 2017 Sunday ,10 December
Post-Brexit London 'won't fall apart'Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor