Memorandum of Understanding for Strengthening Co-operation between Asian Development Bank and Asian Infrastructure Investment Bank | Asian Development Bank

Memorandum of Understanding for Strengthening Co-operation between Asian Development Bank and Asian Infrastructure Investment Bank

Institutional Document | May 2016

This memorandum of understanding strengthens and facilitates collaboration, including cofinancing, between ADB and AIIB in matters of common interest, and sets out areas for a more strategic cooperation in the Asian region.

ADB and AIIB have a mutual interest in achieving sustainable growth, climate change mitigation and adaptation, and promoting regional cooperation and partnership towards a more innovative, inclusive and integrated Asia.