World Bank, AIIB co-financing projects from Azerbaijan to Indonesia

摘要

World Bank and AIIB recently signed a memorandum of understanding (MOU) to strengthen cooperation and knowledge sharing between the institutions. The MOU provides an overall framework for cooperation between the World Bank Group and AIIB in common areas of interest including development financing, staff exchanges, and analytical and sector work. It paves the way for the two institutions to further enhance coordination at the regional and country levels.