Legislators question premier over AIIB

‘POSITIVELY REVIEWED’:The premier defended the government’s decision to apply for membership, as some lawmakers said it gave China a chance to humiliate Taiwan

Taipei Times
Date: Apr 15, 2015
By: Alison Hsiao  /  Staff reporter

Legislators across party lines yesterday questioned Premier Mao Chi-kuo (毛治國) about

Premier Mao Chi-kuo, right, talks with Democratic Progressive Party Legislator Mark Chen during a question-and-answer session in the Legislative Yuan in Taipei yesterday.  Photo: Liao Chen-huei, Taipei Times

Premier Mao Chi-kuo, right, talks with Democratic Progressive Party Legislator Mark Chen during a question-and-answer session in the Legislative Yuan in Taipei yesterday. Photo: Liao Chen-huei, Taipei Times

China’s rejection of Taiwan’s bid to be a founding member of the Asian Infrastructure Investment Bank (AIIB), as the premier insisted that the government’s efforts were not entirely in vain.

China’s Taiwan Affairs Office (TAO) on Monday confirmed that Taiwan’s bid to become an AIIB founding member had been turned down. The Ministry of Finance then released a statement saying that the AIIB Multilateral Interim Secretariat affirmed that the rejection at this stage would not hinder Taiwan’s future bid to become an ordinary member.

Mao reiterated that message during a question-and-answer session on the legislative floor yesterday, saying that the AIIB charter would be written in a way that would not obstruct Taiwan’s participation as an ordinary member.     [FULL  STORY]

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