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AIIB to form international advisory panel www3.nhk.or.jp
The China-led Asian Infrastructure Investment Bank, or AIIB, is planning to ask former leaders from around the world to join an international advisory committee.
The AIIB was launched last year to assist in Asian infrastructure projects. The advisory committee is scheduled to hold its first meeting on October 19th.
Informed sources have told NHK that the new body will comprise 9 members. Former Japanese prime minister Yukio Hatoyama has accepted an offer to serve on the committee.
The sources say the AIIB is also considering appointments for former Pakistani prime minister Shaukat Aziz and OECD Secretary General Angel Gurria of Mexico.
Also among the candidates are former finance ministers of Sweden and East Timor.
The sources add that the former US executive director of the Asian Development Bank, Paul Speltz, will also join the committee.
Neither the United States nor Japan is participating in the AIIB. Observers say that by appointing panel members from non-member countries, the bank is apparently trying to stress its willingness to listen to various opinions.
What role the panel would play is likely to draw attention, as China greatly influences the AIIB, and holds the right to effectively veto major deals.
Published Date:2016-10-02
