Report: Iran Highlights Active Engagement at 10th AIIB Summit

Iran played a prominent role at the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), held in Beijing from June 24 to 26, underscoring its commitment to regional infrastructure cooperation.

According to Shada, Iran maintained a continuous presence throughout the summit's 12 days of official and side events. Through active participation in negotiations and bilateral meetings, its delegates reaffirmed Iran’s position as a founding member of the bank.

Hossein Kashiri, Iran’s representative to the AIIB, held separate meetings with the bank’s new president, Zou Jiayi, and Iran’s ambassador to China, Rahmani Fazli. He called for strengthening inclusive and equitable cooperation, while also addressing the limitations that have prevented Iran from accessing the bank’s financial and technical resources.

To overcome such obstacles, Kashiri proposed a range of innovative measures, including technical collaboration, support for project preparation, and the development of neutral payment mechanisms. He also advocated for the formation of a joint working group to advance Iran–China cooperation, a proposal that received a positive response.

As a founding shareholder since 2015, Iran used the summit to reaffirm its role in advancing regional connectivity, particularly in transportation, renewable energy, and digital infrastructure. Its sustained engagement in meetings, workshops and side events was seen as a strong signal of its commitment to the AIIB’s development agenda.

A key highlight was Iran’s announcement of its readiness to participate in cross-border and green infrastructure projects aligned with the bank’s strategic priorities.

In his meeting with AIIB leadership, Kashiri cited Iran’s unique geographical position—linking Central Asia, the Caucasus and South Asia—and urged support for regional initiatives involving Iranian participation.

Iran’s visible presence at the summit not only bolstered its profile within the AIIB, but also laid the groundwork for future discussions aimed at removing barriers to greater financial and technical collaboration.

News ID 614063