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Tag Archives | Asian Infrastructure Investment Bank (AIIB)

Iraq joins China's AIIB as a "New Prospective Member"

By on 29th December 2021 in Investment, Iraq Banking & Finance News, Iraq Industry & Trade News, Politics

The Board of Governors of China's Asian Infrastructure Investment Bank (AIIB) has approved the application of Iraq to join the Bank. Iraq becomes AIIB's 51st regional member, bringing the Bank's approved membership to 105 in total. As a multilateral development bank with the mission of financing infrastructure for tomorrow, AIIB aims to support its members […]

Iraq keen to join China's Belt and Road Initiative

By on 18th June 2019 in Construction & Engineering In Iraq, Investment, Iraq Banking & Finance News, Iraq Industry & Trade News, Iraq Transportation News

By John Lee. Iraq's Minister of Transport, Abdullah Luaibi [Abdul Allah al-Leibi], has said that Iraq is actively seeking to join China's Belt and Road Initiative ["One Belt, One Road (OBOR)"]. In statements on Monday, the Ministry confirmed that the Minister met with China's Ambassador to Iraq, Zhang Tao, to discuss the plan. It added […]