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56 countries except the Philippines completed the signing of the aiib agreement

56 countries except the Philippines completed the signing of the aiib agreement

China Construction Machinery Information

according to the Nikkei Chinese report, the preparatory work surrounding the Asian infrastructure investment bank (aiib) established under the leadership of China was completed, Of the 57 countries that announced their participation as founding members, 56 countries other than the Philippines completed the signing of the agreement before December 9. It is expected that the aiib will be launched in 2015 as originally planned, and the opening ceremony will be held in mid January 2016. It is expected to start financing before the spring of the same year, and the financing scale in the first year is expected to reach about 2billion US dollars

the first financing is expected to be implemented from spring to summer 2016. Discussions are under way to promote syndicated loans with the world bank and others. The financing scale in the first year will be 1.5 billion to 2billion US dollars, while the average annual financing scale in the first five to six years is expected to reach 10billion to 15billion US dollars

the issuance of bonds in the financial market in order to raise funds requires a credit rating. However, this will take a long time, so it was initially considered to issue bonds without ratings

it is reported that Chenhuan, deputy leader of the preparatory working group of the Asian investment bank, said that he has received the support of the Korean financial authorities and may raise funds by issuing bonds with the Korean government and financial institutions in the country as the recipients

of the 57 countries that announced their participation, 50 signed agreements at the end of June. Among the remaining seven countries, six have completed the signing. Only the Philippines has not signed it. If it refuses to sign it before the end of 2015, it will lose its status as a founding member with preferential treatment in terms of voice and so on

on the one hand, more than 10 signatories have completed domestic ratification procedures for the agreement. As long as the capital contribution of the approved country reaches 7. 5% of the capital The aiib will be officially launched when more than 50% of the chemical and high-end equipment aluminum R & D industrial chain components and metallographic analytes are analyzed. Chen Huan told Chinese media on the 3rd that "India and Russia, the major shareholders of the aiib, have indicated that they will complete the approval procedures in the middle of December this year. Accordingly, the aiib should be able to meet the requirements for legal opening in the middle of this month."

the aiib will hold its first general meeting and Council in mid January 2016. At the same time, it plans to hold the opening ceremony and the press conference of jinliqun, the first president

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