菲律宾加入亚洲基础设施投资银行
Philippine President Benigno S. Aquino III has approved the country's participation in the China-initiated Asian Infrastructure Investment Bank (AIIB).
菲律宾总统贝尼尼奥·S·阿基诺三世批准菲律宾加入由中国发起的亚洲基础设施投资银行。
Presidential Communications Operations Office Secretary Herminio Coloma Jr. said Aquino gave his go-ahead signal following the recommendation of Finance Secretary Cesar Purisima.
In a separate statement, Purisima said the Philippines will be signing the Articles of Agreement (AOA) of the AIIB before year-end.
The government believes that the AIIB will augment and complement existing multilateral institutions in accelerating economic growth, he said.
"Our shared pursuit of growth and development has only become more challenging as the global environment becomes increasingly complex. We thus welcome platforms where countries can work towards shared development goals in the spirit of partnership," Purisima said.
In a globalized world, connectivity is the name of the game. The AIIB is a "promising institution" addressing investment needs, and will help close financing gaps in many countries, he said.
"I also see this as a chance for greater collaboration with member countries, especially with ASEAN, on regional infrastructure goals," he added.