Soundbites

I congratulate all founding members of the Asian Infrastructure Investment Bank on the establishment of the new development institution. More funding for infrastructure will help the poor, and we are pleased to be working with China and others to help the AIIB hit the ground running. We view the AIIB as an important new partner that shares a common goal: ending extreme poverty. With strong environmental, labor and procurement standards, the AIIB will join us and other development banks in addressing the huge infrastructure needs that are critical to ending poverty, reducing inequalities and boosting shared prosperity.

Jim Yong Kim, World Bank Group President

We hope the AIIB will play a role as a financial institution that contributes to Asia's development while meeting the standards of international institutions, including in governance. We will watch it closely, including its actual operations.