March 28, 2024
News

Analyst sees potential in North Korean AIIB membership

U.S. influence would likely block any effort to bring North into multilateral institution, expert says

A long-time Korea watcher has written of North Korea joining the Asian Infrastructure Investment Bank (AIIB), saying that membership requirements could be leveraged in such a way as to foster progress on economic and security challenges.

In a post authored for 38 North, Bradley O. Babson, a former World Bank official, called the emergence of the AIIB “surprisingly robust,” with 57 founding member countries potentially able to fund unfulfilled infrastructure projects across the world’s largest continent.

Become a member for less than $4 per week.

  • Unlimited access to all of NK News: reporting, investigations, analysis
  • The NK News Daily Update, an email newsletter to keep you in the loop
  • Searchable archive of all content, photo galleries, special columns
  • Contact NK News reporters with tips or requests for reporting
Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts.
Subscribe now

All major cards accepted. No commitments – you can cancel any time.