Press statement Prime Minister Rutte on Asian Infrastructure Investment Bank

Prime Minister Mark Rutte said during his meeting with Chinese President Xi Jinping at the Boao Forum that the Netherlands intends to become a prospective founding member of the Asian Infrastructure Investment Bank (AIIB). The Netherlands will participate in negotiations on the AIIB’s Articles of Agreement over the next few months, which are expected to be completed in june.

The Prime Minister noted that there is a major lack of infrastructure funding in Asia and that an investment bank like the AIIB will help meet this need. Mr Rutte said that by joining the bank, the Netherlands could help shape its mandate, governance model and policies.

Noting that infrastructure funding for emerging countries is crucial, the Prime Minister stated. 'The Netherlands, one of Europe's top 3 trading countries with China, sets for sustainable relations with China and the broader region. Every day the number of Dutch companies in China is growing. By taking part in discussions during the bank’s creation, we can work with other countries to encourage it to uphold high standards. And to help it become a successful, effective and inclusive international financial institution.' Earlier this week the Prime Minister accompanied a delegation of Dutch companies on a trade mission to the Chinese cities of Shanghai and Shenzhen.