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A Chinese official says that the Asian Infrastructure1 Investment Bank will always remain open to welcoming new members.
The official says this conforms to the AIIB's principle of inclusiveness and openness.
Vice2 Finance Minister Shi Yaobin made the statement ahead of Saturday's inaugural3 ceremony marking the AIIB's official opening.
Shi said the founding members will be included in the negotiations4 and approval of any future agreements.
亚投行永远欢迎新会员加入
"Once they join in, the new members can only obey the agreements but have no rights to modify them. If the agreements need to be modified, it should be carried out by the super-majority of the Boards of Directors. Besides the shared voting rights and the basic voting rights, the founding members also have 600 voting qualifications as founder5 members, while the other new members won't have that."
Shi added that the founding members will have priority to nominate a director or deputy director of a sub-region, while new members must undergo an election process.
Except for the three points above, Shi Yaobin said that founding members and new members basically have the same obligations, responsibilities and rights according to the agreements of the AIIB.
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1 infrastructure | |
n.下部构造,下部组织,基础结构,基础设施 | |
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2 vice | |
n.坏事;恶习;[pl.]台钳,老虎钳;adj.副的 | |
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3 inaugural | |
adj.就职的;n.就职典礼 | |
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4 negotiations | |
协商( negotiation的名词复数 ); 谈判; 完成(难事); 通过 | |
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5 Founder | |
n.创始者,缔造者 | |
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6 spoke | |
n.(车轮的)辐条;轮辐;破坏某人的计划;阻挠某人的行动 v.讲,谈(speak的过去式);说;演说;从某种观点来说 | |
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