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PM Modi receives President-Designate of the AIIB

| | Jan 12, 2016, at 03:24 am
New Delhi, Jan 11 (IBNS): Jin Liqun, President Designate of the Asian Infrastructure Investment Bank paid a courtesy call on Prime Minister Narendra Modi.
The Prime Minister congratulated Liqun on his selection at the first President of the AIIB by consensus. 
 
Modi expressed confidence that AIIB along with the BRICS New Development Bank would play an instrumental role in development of infrastructure in the Asia region.
 
 In this context, he highlighted the need for focus on roads, rail and ports for enhancing regional connectivity; creating climate-resilient infrastructure and clean energy initiatives for sustainable development, that would also enhance the economic development and lift millions of people out of the life of impoverishment. 
 
PM Modi assured that as the Founding Member of the AIIB and the second largest shareholder in the Bank, India would extend full support for the success of the Bank. 
 

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