Israel applies to join China-backed AIIB investment bank

April 1, 2015 11:45 AM

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Israel applies to join China-backed AIIB investment bank

TEL AVIV (Reuters) - Prime Minister Benjamin Netanyahu has signed a letter of application for Israel to join the China-led Asian Infrastructure Investment Bank (AIIB), the Israeli Foreign Ministry said on Wednesday.

More than 40 countries, including Australia, South Korea, Britain, France, Germany and Italy, have said they would sign up to the AIIB, with Japan and the United States the two notable absentees.

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