Committee
Asian Infrastructure Investment Bank
Country
Singapore

Author

Cite as https://mymun.com/ppdb/6946

Delegation from The Republic of Singapore Represented by WHU – Otto Beisheim School of Management

The topics before the Asian Infrastructure Investment Bank (AIIB) are: Future Cooperation with the World

Bank (WB); Managing Risk across the One Belt, One Road (OBOR) initiative. The Republic of Singapore

looks forward to working multilaterally with Member States in addressing these issues at the upcoming

conference.

I. Future Cooperation with the World Bank

There is an estimated demand for loans of approximately $10 trillion over the next decades. It will not be

possible for the AIIB to make that much money available by itself. Nonetheless a growing concern for the

independence of the AIIB is emerging. Six investments were approved since its launch, of which four have

been co-founded by either the WB, the Asian Development Bank (ADP) or the European Bank for

Reconstruction and Development (EBRD) and only two being solely financed by the AIIB (Euweb.aiib.org,

2016). The largest was the “Tarbela 5 Hydropower Extension Project (T5HEP)”, in which the WB contributed

the largest ...

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