Kofi Annan: AIIB positive step

chinadaily.com.cn | Updated: 2015-04-27 13:13

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Reforming the World Bank and IMF is necessary, as their structures reflect the reality of 1945, but the world is now different and has changed a lot, says former UN Secretary-General Kofi Annan.

The Asian Infrastructure Investment Bank is a positive measure because the need for infrastructure development in the world is enormous.

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