Comments
The International Monetary Fund will be "delighted" to cooperate with the China-led Asian Infrastructure Investment Bank (AIIB), said IMF managing director Christine Lagarde on Sunday.
Lagarde added that there is "massive" room for co-operation with AIIB on infrastructure financing.
The World Bank will also cooperate with the AIIB, Lagarde told a conference in Beijing.
Her comments come after a number of countries said they would participate in the new bank slated to start operations by the end of the year, even as others raised concerns over potential competition with other lenders.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.