Switzerland joined the AIIB

With the ratification, Switzerland joined the Asian Investment Bank for infrastructure (AIIB). The Swiss government will from now on participate in the Board of Governors and to sit on the Board of Directors of the Bank and early participation in the institute's founding process.

Switzerland is the 37th country to have formalized the AIIB membership along with China, India and Russia as a major shareholder. Of non-regional countries have so far ratified the accession of Austria, Denmark, Finland, Germany, Iceland, Israel, Luxembourg, Malta, Norway, the Netherlands and the United Kingdom. The participation capital of Switzerland amounted to 706.4 million dollars, of which 141.3 are actually paid. His voting share reaches 0.87 percent.

The AIIB was formally established last January with the aim of promoting sustainable growth and social stability in Asia by financing especially infrastructure projects, critical to the development of the region. With the all'AIIB membership, Switzerland has strengthened its commitment and presence in this continent, while helping to open up new economic prospects.