Analyst sees potential in North Korean AIIB membership | NK News
June 23, 2024

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.

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