Asian Infrastructure Investment Bank
Cite as https://mymun.com/ppdb/6909
Committee: Asian Infrastructure Investment Bank Topic I: Future Cooperation with the World Bank Topic II: Managing Risk across the One Belt, One Road (OBOR) initiative Country: Federal Republic of Germany Represented by: Jill Baer, MUN Team Universität Luzern
There are huge potential benefits to be harvested from international cooperation in banking and trade development. In order to reap the economic, infrastructural and political welfares, international cooperation needs to be based on mutual gains and benefits. Germany believes that all participants can benefit if transparency prevails, common standards are implemented and rules exist that guarantee equal access to opportunities for all. Germany aims to strengthen the European and Asian trade and banking cooperation in a sustainable and efficient way. The Asian Infrastructure Investment Bank (AIIB) and the One Belt, One Road (OBOR) initiative both play a key role in insuring this future growth and development. They are especially aimed at developing and emerging economies, whose growth can only be beneficial to the citizens of the world.
Topic I: Future Coope...