ACC Attended the Second Annual Meeting of the New Development Bank Board of Governors

Source:ASEAN-China Centre Author:Yamei

From 31 March to 2 April 2017, the Second Annual Meeting of the New Development Bank (NDB) Board of Governors, with the theme of “Building a Sustainable Future”, was held in New Delhi, India. The Meeting was co-organized by the NDB and Ministry of Finance of the Republic of India.

H.E. Mr. Arun Jaitley, Finance Minister of India, H.E. Mr. Xiao Jie, Finance Minister of China, Mr. K.V. Kamath, NDB President, Heads of Financial Department of the Governments of Brazil, Russia and South Africa, and Presidents of European Investment Bank (EIB), European Bank for Reconstruction and Development (EBRD) and African Development Bank (ADB) attended the opening ceremony and delivered remarks. They reviewed and affirmed NDB’s work since its establishment, and wished NDB could play bigger roles in supporting BRICS and regional developing countries on infrastructure and sustainable development. Representatives from BRICS countries, international organizations, NGOs, financial institutions, enterprises and media, totaling about 400 people, participated in the event.

Upon NDB’s invitation, ASEAN-China Centre (ACC) sent its representatives to attend the Meeting. The representatives took part in the opening ceremony, two seminars, etc., had extensive exchanges with the participants, briefed on ACC’s mandates and its work in promoting ASEAN-China trade and investment cooperation, and explored the feasibility on strengthening future collaboration.