New Zealand to the investment bank capital injection of $87 million

New Zealand Prime Minister John Key 15 days on routine press conference announced that New Zealand officially became the Asian infrastructure investment bank founding member of, to the Asian investment bank recapitalization 1.25 billion New Zealand yuan ($87 million).

 

John key said at a news conference, New Zealand was the first to join the investment bank talks of the western developed countries, the Asian infrastructure investment bank investment, promotes the development of Asia, is also beneficial to economic development in New Zealand. , he said New Zealand became a member of the Asia investment banking can strengthen closely with Asian economy, trade and investment ties.

 

New Zealand deputy prime minister and finance minister bill English lehi, said in a statement on the same day, the New Zealand capital injection will pay off for five years.

 

Eng lehi, told xinhua in April New Zealand from the rapid and stable economic development in Asia gained great interest in the process, the negotiations can participate in the investment Banks to ensure that New Zealand’s growing influence in Asia. Impact in the critical area agencies, he argues, will play an important role on the New Zealand economy development.

 

New Zealand foreign minister Murray McCulley said on the same day, Asia driving the development of the global economy brings development opportunities to the New Zealand, New Zealand will benefit from the Asian rapid and sustainable development. The next step, he says, the New Zealand will participate in a formal signing ceremony held in Beijing this month.

 

China’s ministry of finance announced in January this year, the New Zealand officially became the investment intention founding member.

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