Poland founding member of AIIB?
11:06
Poland's Ministry of Finance sent a so-called endorsement letter to the newly established Secretariat of Asian Infrastructure Investment Bank, therefore the Polish government expressed its interest in becoming one of the founding members of the institution.
"Taking part in these operations will allow Poland and the Polish economy a maximization of benefits as a result of establishing a new international financial institution," said Artur Radziwiłł, the deputy minister of finance.
Sending such a letter does not mean becoming a founding member immediately, there must be negotiations of the terms and conditions conducted.
A memorandum regarding the creation of the bank was singed by 21 Asian countries in October last year. China invited non-regional countries to join the initiative. So far, the UK, Germany, France, Israel and the Scandinavian countries have applied for membership.