Focus on Cooperation and Connectivity at AIIB Annual Meeting in Luxembourg
Luxembourg will host the Asian Infrastructure Investment Bank’s (AIIB) first Annual Meeting outside of Asia on July 12-13, 2019. The theme of the 2019 Annual Meeting is “Cooperation and Connectivity” in recognition of the economic and social benefits to be realized through better connectivity within and between countries and regions, including Europe and Asia.
The Memorandum of Understanding for the 2019 Annual Meeting was signed in Luxembourg by Pierre Gramegna, Minister of Finance of Luxembourg, and Sir Danny Alexander, Vice President and Corporate Secretary of AIIB.
"As a leading EU financial center with longstanding expertise in sustainable finance and an innovative approach to digitalization, Luxembourg looks forward to hosting delegates from around the world interested in cooperating to guide and finance the sustainable infrastructure of tomorrow," said Minister Gramegna. "The 2019 Annual Meeting will provide a great opportunity for Europe’s financial leaders to contribute to the dialogue on developing innovative financing solutions to better connect Asia and Europe."
The 2019 Annual Meeting will bring together AIIB’s Governors and Directors to engage with delegations from members, prospective members, partner institutions, business leaders, civil society and experts from a range of fields. The dialogue will focus on how cooperation and strategic investments in sustainable infrastructure can contribute to deeper integration and stronger economic growth via enhanced and strengthened connectivity. Furthermore, with Luxembourg as the host of major European institutions, including the European Investment Bank and the European Stability Mechanism, the 2019 Annual Meeting presents an opportunity for greater dialogue on the importance of multilateral cooperation between AIIB and its European partners.
A series of lead-up events will be held in the first half of 2019 at the Luxembourg Chamber of Commerce and also in other European AIIB member countries, with the objective of cultivating more consensus around infrastructure development and finance, as well tightening the ties between AIIB and its stakeholders in Europe.
The second Asian Infrastructure Forum will also be held as part of the 2019 Annual Meeting. The forum is focused on creating connections and business development opportunities for participants from the Greater Luxembourg Region and beyond, drawn from project sponsors, financiers, project delivery companies and governments.
In 2015, Luxembourg was the first European country to sign up as a founding member of AIIB.
Press-release at the AIIB official web-site