Off the wire
• 1st LD: Nigeria general elections held amid tight security  • Nigeria postpones parliament election in northern state  • Kenya vows to stamp out extremism in coast region  • Over 2,000 died due to swine flu in India since January  • 5 Al-shabaab fighters killed at a hotel in Mogadishu  • 1st LD: Egypt welcomes formation of joint Arab military force: Sisi  • China Headlines: Chinese president describes common destiny for Asia  • Weather information for Asia-Pacific cities  • Modi says his tour of France, Germany, Canada aims to bolster India's economic growth  • Urgent: Egypt welcomes formation of joint Arab military force: Sisi  
You are here: 　 Home

Australia to apply for joining AIIB

Xinhua, March 28, 2015 Adjust font size:

Australian Finance Minster Mathias Cormann said here Saturday that his country has decided to apply for joining the China-led Asian Infrastructure Investment Bank (AIIB).

Cormann made the announcement as he attended a seminar of the annual conference of the Boao Forum for Asia, in south China's Hainan Province.

Also Saturday, Russian First Deputy Prime Minister Igor Shuvalov said Russia will apply to join the bank at the BFA conference.

The AIIB is expected to be founded by the end of this year. It aims to support infrastructure projects in Asia.

The deadline of application is March 31 and the final number of founding members will be confirmed on April 15. Endi