Asian Infrastructure Investment Bank [to 16 April 2016]
http://www.aiib.org/html/NEWS/
[We generally limit coverage to regional or Asia-wide initiatives, recognizing that a number of country-level announcements are added each week]

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04/14/2016
Mr. Hamid Sharif appointed as Director General of the Compliance, Effectiveness and Integrity Unit
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04/14/2016
AIIB and World Bank Sign First Co-Financing Framework Agreement
Close cooperation between the two institutions will support economic development
WASHINGTON, April 13, 2016—Asian Infrastructure Investment Bank President Jin Liqun and World Bank Group President Jim Yong Kim today signed the first co-financing framework agreement between the two institutions.

The agreement outlines the co-financing parameters of AIIB-World Bank investment projects, and paves the way for the two institutions to jointly develop projects this year. In 2016, the AIIB expects to approve about $1.2 billion in financing, with World Bank joint projects anticipated to account for a sizable share.

“I am very pleased today to sign this co-financing agreement together with World Bank Group President Kim,” Jin said. “The AIIB is very grateful for the generous and timely support offered by the World Bank Group throughout our establishment process, and we look forward to a long and fruitful relationship with ongoing cooperation in project co-financing and other areas.”

The AIIB and the World Bank are currently discussing nearly one dozen co-financed projects in sectors that include transport, water and energy in Central Asia, South Asia and East Asia. Under the agreement, the World Bank will prepare and supervise the co-financed projects in accordance with its policies and procedures in areas like procurement, environment and social safeguards…