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Taiwan expects to join AIIB: MAC minister

Taipei, June 17 (CNA) Although the Asian Infrastructure Investment Bank (AIIB) has yet to be established and is still considering applications from prospective members, Minister of the Mainland Affairs Council Hsia Li-yan said Wednesday that he expects Taiwan will be allowed to join the AIIB.
Beijing has many times welcomed Taipei's application for AIIB membership and Taipei hopes Beijing will create favorable conditions for Taipei's dignified and equal participation, Hsia said in a conference.
Asked whether it is possible for Taiwan to join the AIIB by the end of this year, Hsia said that since the AIIB has yet to be established, and since it can only receive applications after that time, and that any applicants will need to be voted in, it is too early to speculate.
Many Chinese leaders have voiced welcome to Taiwan's membership, so Taipei expects to join the AIIB, Hsia said in the conference in Taipei titled "China's Further Rise: Opportunities and Constrains."
Besides China, there are 56 prospective founding members of the AIIB, including the United Kingdom, France, Germany, Australia, India and South Korea.
On Taipei's policies of cross-Taiwan Strait relations, Hsia said the administration will keep promoting institutionalized negotiations with Beijing and have the Legislature monitor its behavior, lobbying for establishing representative offices of both Taipei's Straits Exchange Foundation and Beijing's Association for Relations Across the Taiwan Straits in each other's territory, and promoting cross-strait economic cooperation and regional economic integration. (By Chou Yi-ling and Kuo Chung-han)

Updated : 2021-09-23 21:09 GMT+08:00