Taiwan to shun AIIB if sovereignty compromised: ministry

Want China Times
Date: 2015-07-01
By: CNA and Staff Reporter

Taiwan’s Ministry of Finance said Tuesday that the country would rather not join the

DPP spokesperson Juan Chao-hsiung. (Photo/Chang Lih-sun)

DPP spokesperson Juan Chao-hsiung. (Photo/Chang Lih-sun)

China-led Asian Infrastructure Development Bank (AIIB) if its national sovereignty would be compromised by doing so, as some media reports have indicated.

The ministry made the statement in the wake of reports that Beijing has changed a rule for accepting members who do not enjoy national sovereignty or cannot take responsibility for the conduct of their international relations.

Spokesperson for the opposition Democratic Progressive Party Juan Chao-hsiung said that some international media see the rule as designed specifically for Taiwan, Hong Kong and Macau, “apparently aimed at downgrading Taiwan’s international status.”

He urged the government to make a thorough report to the Legislature before presenting its application for joining the AIIB so that the lawmakers will have a chance to fully discuss the issue.     [FULL  STORY]

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