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World Bank to deepen cooperation with AIIB

2017-04-25 13:32:22 Xinhua Finance

World Bank and the Asian Infrastructure Investment Bank (AIIB) signed a memorandum of understanding here on Sunday to strengthen cooperation between the two institutions.

Under the MOU, both sides agreed to cooperate on areas, including development financing, staff exchanges, and analytical and sector work.

World Bank and AIIB are discussing more projects to be co-financed in 2017 and 2018, said the statement.