The countries on whose behalf the present Agreement is signed agree as follows:
Considering the importance of regional cooperation to sustain growth and promote economic
and social development of the economies in Asia and thereby contribute to regional
resilience against potential financial crises and other external shocks in the context
of globalization;
Acknowledging the significance of infrastructure development in expanding regional
connectivity and improving regional integration, thereby promoting economic growth
and sustaining social development for the people in Asia, and contributing to global
economic dynamism;
Realizing that the considerable long-term need for financing infrastructure development
in Asia will be met more adequately by a partnership among existing multilateral development
banks and the Asian Infrastructure Investment Bank (hereinafter referred to as the
“Bank”);
Convinced that the establishment of the Bank as a multilateral financial institution
focused on infrastructure development will help to mobilize much needed additional
resources from inside and outside Asia and to remove the financing bottlenecks faced
by the individual economies in Asia, and will complement the existing multilateral
development banks, to promote sustained and stable growth in Asia;