Evaluation of Recent Development of the AIIB: The 2nd Annual Meeting of the AIIB Held in Korea and its Implications
Hyuntai, Lee; Junyoung, Kim; Yunmi, Oh | June 2017
On June 16-18, 2017, the Asian Infrastructure Investment Bank (AIIB) held its 2nd Annual Meeting in Jeju Island, Korea under the theme of “Sustainable Infrastructure.” Representatives of the Korean government, including President Moon Jae-in of the Republic of Korea, and leaders of the AIIB, including President Jin Liqun and representatives of 80 member coun-tries, attended the meeting to evaluate the pro-gress made up to now and to discuss the future development of the AIIB. In addition, various seminars were held on the key issues of the AIIB, such as sustainable infrastructure, im-proved global governance, financing infrastruc-ture in Asia, and building public trust. Korea successfully hosted the 2nd AIIB Annual Meet-ing, which was held outside of China for the first time and served as an opportunity to fur-ther improve its standing as a core member of the AIIB. As the AIIB is likely to further de-velop following this year’s Annual Meeting in the Republic of Korea, this paper analyzes the contents of the Annual Meeting and recent de-velopment of the AIIB, and goes on to suggest future prospects and implications for Korea.
CitationHyuntai, Lee; Junyoung, Kim; Yunmi, Oh. 2017. Evaluation of Recent Development of the AIIB: The 2nd Annual Meeting of the AIIB Held in Korea and its Implications. © Korea Institute for International Economic Policy. http://hdl.handle.net/11540/7209.
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