CGD in the News

Wall Street Journal: Beijing-Based Multilateral Lender Suspends Russia-Related Activities

March 03, 2022

From the article:

Scott Morris, a Washington-based senior fellow at the Center for Global Development and an adviser to AIIB, said Thursday the decision "reflects the multilateral character of the institution," including the sizable voting power of North Atlantic Treaty Organization members. NATO members collectively account for 23% of voting power at the bank, according to Mr. Morris. The U.S. and Canada aren't AIIB members; nor is Japan.