AIIB's 4th Annual Meeting 2019 in Luxembourg
Mumbai, June 26: Moving out of Asia first time, the Asian Infrastructure Investment Bank (AIIB)'s Fourth Annual Meeting will be held in Luxembourg in July 2019, an official said here on Tuesday.
Luxembourg is a founding member of AIIB as well as a leading international financial centre and facilitator of investments between Europe and Asia, said AIIB Vice President and Corporate Secretary Danny Alexander.
"European countries have been strong supporters of the creation of the AIIB so it is particularly welcome to have this early opportunity to bring all of the Bank's members to Europe. This will be a great opportunity for public and private sector representatives from around the world to discuss on infrastructure development in Asia and beyond," he said.
Luxembourg Finance Minister Pierre Gramegna said his country was "honoured" to become the first non-regional member of AIIB to host the bank's Annual Meeting in Luxembourg City next July.
The second Asian Infrastructure Forum will be held as part of the 2019 Annual Meeting, the official said.
The first AIIB Board of Governors meeting was held in Beijing in 2016, followed by Jeju, South Korea in 2017 and the latest two-day meeting in Mumbai which concluded here on Tuesday.
Headquartered in Beijing, the AIIB is a multilateral development bank with a mission to improve social and economic outcomes in Asia and beyond.
It commenced operations in January 2016 and has now grown to 87 member from around the world, and invests in sustainable infrastructure and other productive sectors, with India ranking as its biggest borrower.
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Rickelton's ton in vain as SRH beat MI by 6 wickets
Mumbai (PTI): Ryan Rickelton's whirlwind unbeaten ton was overshadowed by Heinrich Klaasen's unbeaten 65 as Sunrisers Hyderabad defeated Mumbai Indians by six wickets in an IPL match here on Wednesday.
Chasing an imposing 244-run target, Travis Head (76 off 30) and Abhishek Sharma (45 off 24) shared 129 runs for the opening wicket to set the platform for SRH.
Klaasen (65 not out off 30 balls) then displayed his all-round hitting abilities to guide SRH home with the help of Nitish Kumar Reddy (21) and Salil Arora (30 not out off 10) in 18.4 overs.
Earlier, Rickelton's knock powered MI to 243 for five.
MI rode on a 93-run stand between Rickelton (123 not out off 55 balls) and Will Jacks (46 off 22) in 7.1 overs for the opening stand to power the side.
MI skipper Hardik Pandya scored a valuable 31 off 15 balls before being dismissed.
Praful Hinge (2/54), Eshan Malinga (1/29), Sakib Hasan (1/39) and Nitish Kumar Reddy (1/31) were the wicket-takers for SRH.
Brief Scores:
Mumbai Indian: 243 for 5 in 20 overs (Ryan Rickelton 123 not out; Praful Hinge 2/54).
Sunrisers Hyderabad: 249 for 4 in 18.4 overs (Travis Head 76, Heinrich Klaasen 65 not out; AM Ghazanfar 2/51).
