Nirmala Sitharaman, India's Union Minister for Finance, represented India at the 9th Asian Infrastructure Investment Bank (AIIB) Board of Governors meeting in Samarkand, Uzbekistan on September 25-26, 2024.
The theme of the meeting was "Building Resilient Infrastructure for All."
During the session, the Board of Governors approved the Republic of Nauru's application to join the AIIB, raising the total membership to 110. The AIIB, operational since 2016, is a multilateral bank with China as its largest shareholder (29.9%) and India as the second largest (7.74%).