Belarusbank, AIIB discuss key cooperation areas

Belarusbank and the Asian Infrastructure Investment Bank have discussed the key areas of bilateral cooperation in the framework of the official visit of AIIB President Jin Liqun to Minsk.

Presently Belarusbank is working on the improvement and expansion of foreign finance opportunities for the Belarusian economy.

foreign finance opportunities

“Working meetings that we had with the AIIB representatives in Minsk, Beijing and Sanya gave us a clear view of the opportunity of establishing of a mutually beneficial cooperation relationship”, Belarusbank Chairman of the Board Viktar Ananich noted in his welcome speech.  “We are aware of the AIIB’s ambitions plans, including those that involve non-Asian members of the bank. Belarus may become the bank’s first European partner that will contribute to the implementation of those plans. And Belarusbank may become the AIIB’s backbone bank for the implementation of those initiatives”, he said.

Belarus’ favorable geographic location, its compact size, the high degree of governability and stability open great cooperation opportunities, especially in the field of infrastructure projects.

infrastructure investment

“Your bank has a very good international reputation. We will be happy with any opportunity to work with Belarusbank”, the AIIB President said. In his words, in the framework of the current visit AIIB delegation conducted a number of fruitful meetings with representatives of government authorities. “The meetings provided us with all the necessary information about Belarus’ macroeconomic situation. In particular I would like to emphasize the bank’s high achievements in economic and social spheres”, he added.

high achievements of the Bank

Reference information:

The Asian Infrastructure Investment Bank (AIIB) was founded in October 2014 with a mission to overcome infrastructure barriers that may hinder economic development both inside and outside the Asian region. The bank’s authorized fund is $100 billion. Currently the bank has around full-fledged members. Belarus joined the AIIB on January 17, 2019.

Communications Department

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