Belt and Road Initiative & Bangladesh

2. Financing mechanism ● CENTRE FOR Institutions that finance BRI include China Development Bank, China Exim Bank, Agricultural Development Bank of China, Industrial and Commercial Bank of China, Bank of China, Silk Road Fund, China Construction Bank, New Development Bank (NDB), China Export and Credit Insurance Cooperation, and Asia Infrastructure Investment Bank (AIIB). • Following • POLICY DIALOGUE the BRI announcement, the Chinese government established the Silk Road Fund in December 2014 with USD40 billion. The AIIB was established in January 2016. The AIIB approved USD 1.73 billion by the end of 2016 (AIIB, Approved Projects). Belt and Road Initiative & Bangladesh 10

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