Minister of Finance and Planning, Moosa Zameer, has met with senior officials of the China Export & Credit Insurance Corporation (SINOSURE) to explore greater collaboration on insurance coverage for development projects in the Maldives.<\/p>\n
The discussions took place on the sidelines of the 10th Annual Meeting of the Asian Infrastructure Investment Bank (AIIB), currently underway in Beijing. According to the Ministry of Finance and Planning, Minister Zameer met with SINOSURE\u2019s president and senior leadership to discuss ongoing fiscal reforms in the Maldives and to enhance cooperation in insuring development initiatives.<\/p>\n
SINOSURE is a Chinese state-funded, policy-oriented insurance institution that plays a key role in supporting the country\u2019s foreign trade and overseas investments. It offers export credit insurance and various financial services to facilitate international economic cooperation.<\/p>\n
As part of his official visit, Minister Zameer represented the Maldives during the AIIB Governors\u2019 Special Session, where he also witnessed the election of Madam Zou Jiayi as the new President of AIIB.<\/p>\n
Minister Zameer reiterated the Maldives government\u2019s commitment to working closely with the AIIB to further sustainable and inclusive development across the nation.<\/p>\n
The 10th AIIB Annual Meeting is being held from June 24 to 26 at the China National Convention Center. This high-level event gathers representatives from AIIB member states, development partners, business leaders, civil society, media, and global experts.<\/p>\n
This year\u2019s theme, \u201cConnecting for Development, Collaborating for Progress,\u201d<\/em> highlights AIIB\u2019s emphasis on improving regional connectivity and driving inclusive growth through strategic infrastructure investments. The meeting also commemorates AIIB\u2019s 10th anniversary, offering a platform to assess its accomplishments and chart its future course.<\/p>\n More than 3,500 delegates are expected to attend the three-day conference, which focuses on the Bank\u2019s four strategic pillars: Green and Sustainable Financing, Cross-Border Connectivity and Regional Cooperation, Mobilizing Private Capital, and Digital Transformation and Smart Infrastructure.<\/p>\n Established to finance infrastructure that aligns with the development goals of its member countries, AIIB began with 57 founding members and has since expanded to 110 members worldwide. These members now account for over 80% of the global population and more than half of the world\u2019s GDP.<\/p>\n The Maldives is proud to be among AIIB\u2019s founding members. Over the years, the Bank has contributed to the country\u2019s development through infrastructure investments and technical assistance.<\/p>\n","protected":false},"excerpt":{"rendered":" Minister of Finance and Planning, Moosa Zameer, has met with senior officials of the China Export & Credit Insurance Corporation (SINOSURE) to explore greater collaboration on insurance coverage for development projects in the Maldives. The discussions took place on the sidelines of the 10th Annual Meeting of the Asian Infrastructure Investment Bank (AIIB), currently underway<\/p>\n","protected":false},"author":1,"featured_media":16205,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2507],"tags":[3226,3227,3228,673,2966,2623,3225],"class_list":{"0":"post-16204","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-top-stories-featured-area","8":"tag-aiib","9":"tag-asian-infrastructure-investment-bank","10":"tag-export-credit-insurance","11":"tag-fiscal-reform","12":"tag-infrastructure-projects","13":"tag-maldives-development","14":"tag-sinosure"},"yoast_head":"\n