FM Jaitley To Attend AIIB Annual Meet In Beijing


New Delhi: Finance Minister Arun Jaitley will tomorrow embark on a five-day visit to China, where he will attend the first annual meeting of the board of Governors of the $100-billion Asian Infrastructure Investment Bank.

During his stay in Beijing, the finance minister will also hold talks with Chinese investors and bankers to seek investment in infrastructure and other sectors in India, a Finance Ministry statement said.

Mr Jaitley will participate in the first annual meeting of the Board of Governors’ of Asian Infrastructure Investment Bank (AIIB) on June 25 and 26 in Beijing, it said.

The minister will participate in different sessions of the two-day AIIB meeting including the session on ‘Infrastructure and Global Economic Growth’ and ‘Financing Green Infrastructure: The Role of MDBs’ among others.

BRICS nations Brazil, Russia, India, China and South Africa founded the AIIB to boost infrastructure investment in Asia.

Mr Jaitley will also hold a meeting with his Chinese counterpart Lou Jiwei on June 27. He will also participate in the 8th India-China Financial Dialogue.

The finance minister will arrive in the national capital on June 28, after completing his five day official visit to China.