United States welcomes AIIB
Updated: 2015-05-16 21:16
By Wang Xu(chinadaily.com.cn)
|
||||||||
Chinese Foreign Minister Wang Yi (R) holds talks with US Secretary of State John Kerry in Beijing, capital of China, May 16, 2015. [Photo/Xinhua] |
The United States welcomes new multilateral institutions, including the Asian Infrastructure Investment Bank, US Secretary of State John Kerry said during a press conference with Chinese Foreign Minister Wang Yi on Saturday.
"We respect the AIIB," the top US envoy said. "There is an enormous amount of misunderstanding but let me try to be clear.
"There is a pressing need to enhance infrastructure investment not only in Asia, but as well as around the world," Kerry said. "The United States welcomes new multilateral institutions, including the AIIB, as long as it provides the international community a strong commitment to high standards."
Those standards include genuine multilateral decision-making and environmental and social safeguards, which Kerry said also "applied to global financial institutions".
"We will continue to engage directly with China and other countries in order to provide suggestions on how the AIIB can best adopt and implement these particular standards. With that, we welcome the AIIB and we encourage co-financing some projects with existing institutions, like the World Band and the Asian Development Bank," Kerry said.
About the meeting, Foreign Minister Wang Yi said that the most important thing is for he and Kerry to make preparations for President Xi Jinping's state visit in September to the United States.
"Just now, together with Secretary Kerry, we exchanged views concerning the arrangements of events, the agenda items of this visit," Wang said.
Kerry disclosed that both sides also dug into a number of issues in depth, including those in which the two countries have a difference in opinion, such as maritime security.
"There is no question that our nations share extraordinary opportunity as we build the history of this century," Kerry said. "We have a lot to accomplish together in the coming years. As two of the world's major powers and largest economies, we have a profound opportunity to set a constructive course to affect everybody on this planet."
- Premier Li arrives in Brazil to start official visit
- Weirdest towns in the world
- Students from vocational schools also make big bucks
- Ten photos you don't wanna miss - May 19
- Royal family adds color to Chelsea Flower Show
- Premier takes in Irish countryside at old farm
- China, Ireland sign agricultural deals
- Monks practice martial art at Quanzhou Shaolin Temple
Most Viewed
Editor's Picks
What do we know about AIIB |
Full coverage of Boao Forum for Asia |
Annual legislative and political advisory sessions |
Spring Festival trends reflect a changing China |
Patent applications lead the world |
BC lures Chinese tourists |
Today's Top News
Brazil embraces third wave of Chinese investment
White House bans police from using certain military equipment
China eyes 'capacity exports' to sustain growth
Vietnam's objection to fishing ban in South China Sea dismissed
Li arrives in Brasilia to sign agreements
In Brazil's capital, young weigh in on China
Li samples products of an Irish farm
China, US pay more attention to Korean Peninsula
US Weekly
Geared to go |
The place to be |