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Russia: Putin suggests projects for Asian Infrastructure Investment Bank01:02

Russia: Putin suggests projects for Asian Infrastructure Investment Bank

Russian Federation, Sochi
May 18, 2016 at 17:33 GMT +00:00 · Published

Russian President Vladimir Putin met with the head of the Asian Infrastructure Investment Bank (AIIB) Jin Liqun in Sochi on Wednesday on the eve of the Russia-ASEAN summit.

The Russian leader put forward three major investment projects for possible AIIB funding, including the “extension of the Trans-Siberian railway, the development of the Northern Sea Route” as well as “special economic zones in Russia’s Far East.”

Putin expressed his hope that the AIIB “will take its rightful place in the structure of international financial institutions." He noted that “the volume of Russia’s funds rank third after China and India in this bank.”

The role of Moscow within the AIIB is among the issues to be discussed at the Russia-ASEAN summit which is due to take place in Sochi between May 19-20.

Russia: Putin suggests projects for Asian Infrastructure Investment Bank01:02
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Russian President Vladimir Putin met with the head of the Asian Infrastructure Investment Bank (AIIB) Jin Liqun in Sochi on Wednesday on the eve of the Russia-ASEAN summit.

The Russian leader put forward three major investment projects for possible AIIB funding, including the “extension of the Trans-Siberian railway, the development of the Northern Sea Route” as well as “special economic zones in Russia’s Far East.”

Putin expressed his hope that the AIIB “will take its rightful place in the structure of international financial institutions." He noted that “the volume of Russia’s funds rank third after China and India in this bank.”

The role of Moscow within the AIIB is among the issues to be discussed at the Russia-ASEAN summit which is due to take place in Sochi between May 19-20.

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