Poland welcomed in AIIB

Poland was accepted as one of the founding members of the Asian Infrastructure Investment Bank (AIIB) established upon China's initiative, Polish Radio reported. China published a list of 57 founding members, including Poland, on Wednesday. "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. Poland's Ministry of Finance sent a so-called endorsement letter to the newly established Secretariat of the AIIB on April 3, the last day of submitting applications. A memorandum regarding the creation of the bank was signed by 21 Asian countries in October last year.