Spain, South Korea, Austria Join China-Led Asian Investment Bank…(Petro Dollar Is Toast!)

Saturday, April 11, 2015
By Paul Martin

SputnikNews.com
1.04.2015

At the moment the number of founding members of the Beijing-led Asian Infrastructure Investment Bank has reached 41 countries, according to the Chinese Finance Ministry. The United States and Japan have refrained from joining the bank.

BEIJING (Sputnik) – Spain, South Korea and Austria have become founding members of the Asian Infrastructure Investment Bank (AIIB), Chinese Finance Ministry said Saturday.

“With the agreement of the current founding members on April 11 Spain, the Republic of Korea and Austria officially became founding members of the Asian Infrastructure Investment Bank,” the ministry said in a statement on its website.

Media reports suggest that 52 countries have made submissions to become founding members of the bank, including Russia.

According to the Chinese Finance Ministry, at the moment the number of founding members has reached 41 countries. The United States and Japan have refrained from joining the bank.

The Rest…HERE

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