Asian Infrastructure Investment Bank can support Gulf connectivity, integration projects: Minister of Finance
<p>Doha: Minister of Finance HE Ali bin Ahmed Al Kuwari said the Asian Infrastructure Investment Bank (AIIB) has the potential to support projects that enhance connectivity and integration among the Gulf states, stressing the importance of expanding the Bank's contribution to development projects in Qatar and the region.</p> <p>In a statement to Qatar News Agency (QNA), His Excellency noted that…
Minister of Finance Ali bin Ahmed Al Kuwari has expressed optimism about the Asian Infrastructure Investment Bank's (AIIB) potential to support connectivity and integration projects in the Gulf region. Speaking to Qatar News Agency (QNA), the minister highlighted the significance of the AIIB's 11th Annual Meeting of Board of Governors, which was held in Doha and saw an overwhelming turnout of over 1,000 participants, including more than 48 global ministers.
The minister noted that Qatar's hosting of the AIIB meeting underscores its influential standing on the international stage and the trust it commands. As a founding member of the AIIB since 2015, Qatar continues to be a crucial supporter. The minister emphasized that the AIIB finances a wide range of development projects and climate change initiatives across various regions, including Europe, Africa, Latin America, and North America.
The high-level participation in the AIIB meeting, reflecting Qatar's position and international credibility, the minister affirmed. Hosting major events not only bolsters Qatar's international standing but also positions the country as a capable global hub for organizing and hosting significant forums.
Written by urgent.news from The Peninsula Qatar Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
