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China-led AIIB set to add 13 new members

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Published Thu, Mar 23, 2017 · 09:50 PM

    Hong Kong

    THE Asian Infrastructure Investment Bank (AIIB) on Thursday announced approval of 13 new prospective members, the first time the Beijing-led bank has welcomed additions since its 2015 inception and a signal that China is growing its role in international development.

    The approved applicants are Afghanistan, Armenia, Fiji, Hong Kong, Timor Leste, Belgium, Canada, Ethiopia, Hungary, Ireland, Peru, Sudan and Venezuela.

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