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Russia officially became the founding member of the Asian Bank for Infrastructure Investments
14 April Russia became a founder country Asian Bank for Infrastructure Investments. According to the Ministry of Finance of China, at the moment the number of states-founders has reached 46. Abstained from joining a new financial institution U.S. and Japan. The final list of all countries will be known tomorrow, RIA Novosti reported.
According to the Russian Foreign Ministry spokesman Alexander Lukashevich, Russia hopes to play a significant role in the AIIB. "Russia, as a country belonging to the target region of the bank's operations, intends to play a significant role in making investment decisions and also attract investment funds from the bank in the interests of improving the infrastructure of Siberia and the Russian Far East. We hope that this bank will become an effective instrument for enhancing transcontinental connectivity and will contribute to Eurasian integration ", - RIA Novosti reports the words of Lukashevich.
The fact that Russia will take part in the capital AIIB became known during Asian Economic Forum in Boao. This decision was voiced by First Deputy Prime Minister Igor Shuvalov. According to Shuvalov, the relevant decision was taken by Russian President Vladimir Putin.
The capital of the institution will be 100 billion dollars, the initial share capital - 50 billion dollars.