CAF strengthens ties with China to attract more investment to Latin America.
The executive president of CAF-development bank of Latin America-, Luis Carranza, held fruitful meetings with authorities from the Ministries of Finance and Foreign Affairs, the Asian Bank of Investment in Infrastructure, the Central Bank of the People’s Republic of China and the National Development and Reform Commission, to promote sustainable development in Latin America.
With the purpose of strengthening ties between Latin America and China to promote investments from the Asian giant in the region, besides developing the institutional relationship, the executive president of CAF, Luis Carranza, visited Beijing for a working day with the country’s Vice Minister of Finance, Zou Jiayi.
Carranza also attended a meeting with the President of the Asian Infrastructure Investment Bank (AIIB), Jin Liqun, with the view of identifying countries and priority sectors to co-finance projects along with the bank.
During his visit to China, the executive president also held fruitful meetings with the General Assistant Director for Latin America and the Caribbean of the Ministry of Foreign Affairs, Zhang Run; the Deputy Director of International Affairs of the Central Bank of the People’s Republic of China, Ai Ming; and the Deputy Director of the Western Hemisphere in the National Development and Reform Commission, Zhang Ming.
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