April 17, 2015

"The heads of the World Bank and the International Monetary Fund (IMF) said Thursday that they are willing to strengthen cooperation with the Asia Infrastructure Investment Bank (AIIB) to unleash the huge potential in the region.

"Infrastructure needs in the developing world are enormous. They are enormous in Asia for AIIB. Our full expectation is we will continue to work closely," said World Bank President Jim Yong Kim at a press conference ahead of the WB-IMF Spring Meetings.

While answering questions put forward by Xinhua, Kim said the World Bank has much more technical expertise than the AIIB has right now, and has every reason to do project preparation in collaboration with the AIIB."

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http://news.xinhuanet.com/english/2015-04/17/c_134157977.htm