India is the biggest borrower from the Asian Infrastructure¹ Investment Bank (AIIB), Subhash Chandra Garg, the country's secretary at the Department of Economic Affairs, said in an official statement.

 

印度财政部经济事务司秘书在一份官方声明中表示，印度是亚洲基础设施投资银行最大的借款方。

 

AIIB's third annual meeting begins in India's financial capital in Mumbai on Monday. The two-day annual meeting of the bank focuses on infrastructure with the theme of "innovation and collaboration²".

 

The annual meeting will see participation³ from 86 members. They will deliberate on the strategies to mobilize financing for infrastructure in the region.

 

AIIB's Vice⁴ President and Corporate⁵ Secretary Sir Danny Alexander said that the bank is apolitical and all projects have to pass the bank's test on sustainability and environment.

 

"Lean, clean and green is the way we work. We invest in sustainability and are guided by those priorities," he added.

 

Alexander said AIIB will consider investing in projects outside Asia.

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