One Response

  1. Shahid Hussain Raja
    Shahid Hussain Raja April 29, 2015 at 12:11 am

    Old but evergreen cliche by Lord Palmerston applies here aptly “there are no permanent friends or permanent foes in international relations,only permanent interests”.It is a master stroke by the policy makers in UK to join the new bank despite all the opposition of USA because both the pillers of UK foreign policy are crumbling-EU under its own weight and USA under threat by the evolving geostrategic and geoeconomic realities.However I agree with the writer that joining AIIB will not only be beneficial for UK but also for the bank also particularly in ensuring transparency and filling in the capacity deficit of developing countries for project preparation and implementation. Good analysis.

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