In All but Name

AIIB presidential nominee Jin Liqun, pictured here at the Annual Meeting 2013 of the World Economic Forum in Davos, Switzerland, January 25, 2013. (Photo by World Economic Forum via Wikimedia Commons)
AIIB presidential nominee Jin Liqun, pictured here at the Annual Meeting 2013 of the World Economic Forum in Davos, Switzerland, January 25, 2013. (Photo by World Economic Forum via Wikimedia Commons)

 

Jin Liqun, former Chinese vice minister of finance, and currently nominated as the first president of the Asian Infrastructure Investment Bank (AIIB), visits Korea for two days from Sept. 8.

He is slated to have a closed-door meeting with Korean Deputy Prime Minister Choi Kyung-hwan in the afternoon in order to discuss the Korean government’s and Korean enterprises’ cooperation with the AIIB and their role in the leadership of the international bank. Jin Liqun is scheduled to visit the 57 AIIB member countries over the next two months, and chose Korea as his first destination.

On his second day in Korea, he will meet with around 100 Korean entrepreneurs and financiers at the Korea Chamber of Commerce & Industry. The Korean government is expecting that this meeting will lead to a number of infrastructure project opportunities with regards to the Chinese government’s One Belt One Road Initiative.

Liqun was selected as the first presidential nominee at the sixth representative meeting of the AIIB held last month. 54 out of the 57 member countries approved of him, and he is predicted to be appointed at the same time as the official launching of the bank scheduled for late this year.

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