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New Zealand has agreed to become a founding member of the Asian Infrastructure Investment Bank, which is being established to invest in new infrastructure across Asia, Finance Minister Bill English and Foreign Affairs Minister Murray McCully say.
The Bank is a China-led initiative aimed at addressing a significant gap in infrastructure investment in the Asian region.
“Increased infrastructure investment will enhance the Asian region’s growth and that will be good for New Zealand,” Mr English says.
- Murray McCully
- Bill English
- Foreign Affairs