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Act No. XLIV of 2015 - Malta Membership of the Asian Infrastructure Investment Bank Act

Twelfth Legislature (2013 - 2017)


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Published on 22 December 2015

Bill No. 133 - Malta Membership of the Asian Infrastructure Investment Bank Bill

Debated in 1st Reading 2nd Reading Committee Recommittal 3rd Reading
Sitting No. 334  -  30 Nov 2015
Plenary Session
⦿
Sitting No. 341  -  16 Dec 2015
Plenary Session
⦿ ⦿ ⦿

Objects and Reasons

The object of this Bill is to provide the necessary mechanism for Malta to become a founding member in the Asian Infrastructure Investment Bank. The purpose of the Bank is primarily to foster sustainable economic development, create wealth and improve infrastructure connectivity in Asia by investing in infrastructure and other productive sectors and to promote regional cooperation and partnership in addressing development challenges by working in close collaboration with other multilateral and bilateral development institutions.

Motion No. 287 - Malta Membership of the Asian Infrastructure Investment Bank Bill