"I am sure that South Korean companies' technological strength and wide networks will contribute greatly to the AIIB's development projects", he mentioned.
South Korea joined the AIIB as one of its founding members.
It was unclear if the meeting would pave a way for a thaw or if finance ministers from China and South Korea would meet on its sidelines.
Finance Minister Kim Dong-yeon also said the Asian Infrastructure Investment Bank (AIIB) should come up with a comprehensive strategy for investments to stay on the path of progress.
Hungary has joined the Asian Infrastructure Investment Bank (AIIB) as the documentation process had been finalised and the initial capital instalment had been transferred to the institution, Economy Minister Mihály Varga announced on Friday, following the annual general meeting of the Beijing-based financial institution held in South-Korea. "The new Silk Road by sea and land won't be complete unless the South and North are connected by railways..."
Sustainable energy is a key theme at this year's meeting.
"We are ready to do our part in support of the Paris Agreement", Jin Liqun, the AIIB President, said in the statement.
The AIIB is a multilateral development bank that focuses on the development of infrastructure and interconnectivity in Asia. They include some American allies such as Britain and Australia.
South Korea has agreed with the China-initiated Asian Infrastructure Investment Bank (AIIB) to invest 8 million US dollars in the AIIB's special fund.
Some environmental activists have expressed concerns that the AIIB may support coal.
The AIIB is set to increase its lending power in the coming years. An opening ceremony will be held at 2pm, Korea time - so in about two hours time - and Korean President Moon Jae-in will be giving a welcome speech. Demand for infrastructure investment in Asia's developing countries is expected to reach $1.7 trillion annually over the next 20 years.
The protests were motivated and largely organized by Navalny, a long-time anti-corruption activist and whistleblower. A young demonstrator is arrested by riot police during a demonstration in downtown Moscow , the Russian capital.
There are also reports that ISIS has positioned snipers at strategic points to stop people from getting out of the Old City. Of these, 371,000 are being aided in camps, where they receive tents, mattresses, blankets, buckets and kitchen utensils.
According to Trump supporter Newt Gingrich , Mueller's ability to be fair should be questioned, based on the people he was hiring. In addition, Comey has said Sessions did not respond when he complained that he did not want to be left alone with Trump again.
The Washington Post reported Thursday that Jared Kushner's business dealings were also being scrutinized by Mueller's team. The president tweeted Friday, "Despite the phony Witch Hunt going on in America, the economic & jobs numbers are great".
But soon after the abrupt termination, Trump told NBC News that he had been going to fire Comey regardless of any recommendations. Rosenstein could eventually be questioned by Mueller about his memo on Comey and what motivated Trump to ask him to write it.
The Tory source said there was a "steady dialogue ongoing" with the DUP on a deal to prop up a minority Tory administration. Moving the speech will disturb the Queen's attendance at this year's Royal Ascot.
Facebook said that it still relies on reports of "terrorism posts" in order to review and remove and it does so with urgency. USA company says technology used to block child pornography pressed into service to address spread of propaganda online.
Although this game was remastered for Sony's Playstation 3 back in 2011, this time it will be a full HD version. The story trailer reveals Chloe Frazer and Nadine Ross struggle and adventure to protect an Indian Artefact.
The average twelve-month price target among brokerages that have covered the stock in the previous year is GBX 294.17 ($3.80). The share price of Big Yellow Group (LON:BYG) was up +1.33% during the last trading session, with a day high of 809.50.
The hospital treating Scalise announced early in the game that the congressman remains in critical condition but is improving. Scalise is sedated, but the husband and father of two has been able to respond to his doctors and family.
Congressman's condition 'more difficult' than first thought
When the members of the Republican team were announced, mention of Scalise's name drew a standing ovation throughout the stadium. Doctor Sava described Scalise's shot to his left hip as a devastating "trans-pelvic gunshot wound" from a high-velocity rifle.
At least 30 dead in London tower fire
Numerous locals who live near the tower and watched horrific scenes unfold before them think that the death toll will rise. Conservative former cabinet minister Michael Portillo said May should have been prepared to face residents' anger.
Ex-cricketer Aamir Sohail accuses Pakistan of 'fixing' matches
Though they're the favorites to win, Indian captain Virat Kohli has been quick to not underestimate a resurgent Pakistani side. He is now at 4th spot with 680 runs, standing behind Chris Gayle (791), Mahela Jayawardene (742) and Kumar Sangakkara (683).
McIlroy hits it all over the place at US Open
Another youngster looking for his first major win, Patrick Reed, is listed at 20/1 after shooting a four-under 68 in Round 1. He loved Erin Hills, a course with wide fairways between the knee-high fescue that he figured would allow him to attack.
Greens at Erin Hills starting to firm up
After a couple of tap-in birdies to start his round, Johnson missed a short attempt on the fourth hole and never got untracked. That still didn't appear to be almost enough. "My best friend has caddied for me for six or seven years", said Champ.
Curry and Durant want Warriors stay
Golden State denied that in a brief statement , saying "today is all about celebrating our championship". But like I said, we'll all figure something out.
Verizon takes over Yahoo to complete $4.5 billion deal
McInerney, who became Yahoo's CEO, said the company is happy to have completed the transaction and "begin a new chapter". Last week Verizon planned to cut about 2,000 jobs, or 15%, of the 14,000 employees at its Yahoo and AOL companies.
The mighty recovery of Paul Casey puts him in US Open mix
The No. 2-ranked McIlroy and the third-ranked Day also failed to advance to move after struggling for a second straight day. McIlroy has played in only seven tournaments this season and was coming off a layoff resulting from a nagging rib injury.