Asian Infrastructure Investment Bank suspends Russia-related activities

Economy 03/08/22, 22:24

China-led Asian Infrastructure Investment Bank (AIIB) announced on Thursday, March 3 that it had suspended all Russia-related activities. This move came after Western countries cut off Russia's largest banks from the global interbank messaging system SWIFT following its evasion of Ukraine. Reuters reported that the Beijing-headquartered AIIB said that, for the ...

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