Tuesday, 17 September 2019 10:42 GMT
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Kerry calls for Beijing-backed bank to cooperate with World Bank




(MENAFN - Saudi Press Agency) US Secretary of State John Kerry has suggested that the China-backed Asian infrastructure bank should cooperate with established global lending insitutions, thereby distancing himself
from earlier opposition to the bank, dpa reported.

'We welcome the AIIB [Asian Infrastructure Investment Bank] and we
encourage it to co-finance some projects with existing institutions
like the World Bank and the Asian Development Bank,' Kerry said after
talks with his Chinese counterpart Wang Yi late Saturday.


Kerry calls for Beijing-backed bank to cooperate with World Bank

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