Finance Minister Engages AIIB and SINOSURE in High-Level Talks in Beijing

Minister of Finance and Planning Moosa Zameer is in Beijing, China, representing the Maldives at the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), being held from 24 to 26 June 2025 at the China National Convention Center.

Minister Zameer took part in the Governors’ Special Session and was present for the election of Madam Zou Jiayi as the next President of the AIIB. He expressed interest in deepening cooperation with the Bank to support sustainable and inclusive development in the Maldives.

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During the meeting, the Minister is also expected to take part in the Governors’ Business Roundtable, where he will present the Maldives’ perspectives on the theme “Building on a Decade of Impact,” and engage in discussions aimed at enhancing cooperation among member states.

On the sidelines of the Annual Meeting, Minister Zameer held a meeting with President Sheng Hetai and senior officials of the China Export and Credit Insurance Corporation (SINOSURE). According to his social media update, the discussions focused on strengthening insurance coverage cooperation in support of the Maldives’ development priorities and ongoing fiscal reforms.

The AIIB Annual Meeting marks the Bank’s 10th anniversary this year. Themed “Connecting for Development, Collaborating for Progress,” the 2025 meeting brings together over 3,500 participants including member state representatives, development partners, private sector leaders, and civil society actors.

A key agenda item this year is the Bank’s continued emphasis on four priority areas: Green and Sustainable Financing, Cross-border Connectivity and Regional Cooperation, Leveraging Private Capital, and Digital Transformation and Smart Infrastructure.

Founded in 2015 with 57 members, the AIIB now includes 110 members from around the world, accounting for over 80 percent of the global population and more than half of global GDP. In its first decade, the Bank has approved more than US$60 billion for over 300 infrastructure projects across 38 countries.

The Maldives, as a founding member, has benefited from AIIB’s infrastructure investments and technical support, and continues to actively engage with the Bank as it navigates fiscal reforms and climate resilience goals.

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