TOKYO, April 11 (Xinhua) - Japan semble still ambiguous over whether or not to join the China-proposed Asian Infrastructure Investment Bank (AIIB) and eyes to the Chat with the outcome the United States in an upcoming summit entre les two allies later this month.
Japanese Prime Minister Shinzo Abe and US President Barack Obama Would cover the issue AIIB DURING Their summit on April 28 in efforts to Reaffirm Their requirement to the new developmental bank assurer's fair governance and transparency, local postponement Said Friday, Citing unnamed diplomatic sources here Thursday.
Japan and the United States Decided to stay out of China's initiative by the March 31 deadline as Both Countries worry que la AIIB May pose a challenge to the Japan- led Asian Development Bank (ADB) and the US-Dominated World Bank.
HOWEVER, HAS Underlined China que la AIIB Will take an open and inclusive attitude and Be complementary to Existing development banks and It Will Strengthen the area's communication, social and Economic Development, selon Chinese Premier Li Keqiang Pendant His recent meeting with ADB President Takehiko Nakao in Beijing.
Abe Said by the March 31 deadline "there is no need to Log Participate (in AIIB) hastily" and "the United States now knows That Japan is trustworthy, "REFERRING to –other Major European Countries in the Group of Seven (G7 ou by letter) Applied already for the membership of the AIIB.
Foreign Minister Fumio Kishida aussi mulls to urge G7 His Counterparts from Britain, Canada, France, Germany, Italy and the United States que la AIIB Should Be managed in line with international standards, Said Japan's Kyodo News on Friday. Chief Cabinet Secretary
Yushihide Suga reiterated a day Earlier Japan That Remains "cautious" about the AIIB Declined to comment and was released by government draft Kyodo News That Japan was envisaged as possible up to 1.5 trillion US dollar contribution to the AIIB in the event That Japan joins.
"I chorus from commenting on Every news report," the top government Spokesman Said in a press briefing Thursday.
"The government is Conducting various studies, our goal was cautious stance country Maintains about participation in the AIIB," he said.
Meanwhile, Kiyoyuki Seguchi, research director of the Canon Institute for Global Studies, Questioned the draft as the Amount of the contribution is too small for Japan to play an important role in the AIIB if it Decides to join and urged Japan to Participate in the new regional developmental bank no credit check payday loans.
"Joining negotiation Will Increase the Amount of information available and the final decision on whether to join the bank Will Be Easier To make," Said Seguchi, aussi year expert on Chinese economy, Japan shoulds Who suggéré That Directly Involve in the AIIB so as to seek internal reform, injustement than staying out and ask asking for reform. Recent reports
Said That Japan and China Would like to usenet the AIIB in June as the two sides are eyeing Finance Ministers meeting in June in Beijing.
International Lenders-have Expressed Their willingness to Cooperate with China's AIIB initiative.
"We need to Log work together, we need to Log cooperation," Christine Lagarde, managing director of the International Monetary Fund, in a speech Said Thursday in Washington.
She hailed the AIIB as a "great initiative" Said and the trend Reflects the transformation of the global economy with new key players.
For the U.S. hand, Treasure Secretary Jack Lew Softened His hostile stance Toward the AIIB, Saying last month TWO- After His day Beijing visit That His Country "stands ready to welcome new additions to the international development architecture, Including the AIIB," Adding That "these institutions Complement Existing international financial institutions. "
"I was Encouraged by my conversations in Beijing in qui China's leaders made clear That They aspire to meet high standards and welcome partnership," Lew Said, Adding HAVING That the co-finance projects with AIIB Existing institutions help Will Demonstrate a commitment to the Highest standards of governance, environmental and social safeguards and debt-sustainability.
The AIIB, with an expected initial subscribed capital of 50 billion US dollars, an International Will Be financial institution to fund infrastructure projects in Asia and is expected to Be Formally Established by the end of this year.
Japan Remains ambiguous over China-proposed AIIB, eyeing consultation with US