Verdict on AIIB unaided by Singapore summit

Articles of agreement have been finalised and a year-end start-up confirmed, but voting and veto rights of the China-led multilateral lender remain unclear.

Delegates to the recently concluded summit to establish the Asian Infrastructure Investment Bank (AIIB) put the finishing touches on the lender's articles of agreement (AOA) and were briefed on the bank's operational timeline by Jin Liqun, secretary general of the AIIB's interim secretariat and a person widely touted to head the multilateral institution.

¬ Haymarket Media Limited. All rights reserved.

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