Article 3 Membership
Article 3
Membership
1. Membership in the Bank shall be open to members of the International Bank for Reconstruction and Development or the Asian Development Bank.
(a) Regional members shall be those members listed in Part A of Schedule A and other members included in the Asia region in accordance with paragraph 2 of Article 1. All other members shall be non-regional members.
(b) Founding Members shall be those members listed in Schedule A which, on or before the date specified in Article 57, shall have signed this Agreement and shall have fulfilled all other conditions of membership before the final date specified under paragraph 1 of Article 58.
2. Members of the international Bank for Reconstruction and Development or the Asian Development Bank which do not become members in accordance with Article 58 may be admitted, under such terms and conditions as the Bank shall determine, to membership in the Bank by a Special Majority vote of the Board of Governors as provided in Article 28.
3. In the case of an applicant which is not sovereign or not responsible for the conduct of its international relations, application for membership in the Bank shall be presented or agreed by the member of the Bank responsible for its international relations.
|
<< Article 2 Functions |
>> CHAPTER II CAPITAL |
|
| Asian Infrastructure Investment Bank Articles of Agreement (Beijing, on June 29, 2015) (not in force) |