Articles of Agreement of the Asian Infrastructure Investment Bank

Party

Libya added

• Ratification: 12-09-2023 (A)
• Entry into force: 12-09-2023
• Reservations / Declarations: No
• Objections: No

General information

• Entry into force: 25-12-2015

Kingdom part

Netherlands (in Europe)

• Entry into force: 25-12-2015

Curaçao

• Entry into force: 04-03-2020

Party

Afghanistan

• Ratification: 13-10-2017 (A)
• Entry into force: 13-10-2017

Algeria

• Ratification: 27-12-2019 (A)
• Entry into force: 27-12-2019

Argentina

• Ratification: 30-03-2021 (A)
• Entry into force: 30-03-2021

Australia

• Signature: 29-06-2015
• Ratification: 10-11-2015 (R)
• Entry into force: 25-12-2015

Austria

• Signature: 29-06-2015
• Ratification: 03-12-2015 (R)
• Entry into force: 25-12-2015

Azerbaijan

• Signature: 29-06-2015
• Ratification: 24-06-2016 (R)
• Entry into force: 24-06-2016

Bahrain

• Ratification: 24-08-2018 (A)
• Entry into force: 24-08-2018

Bangladesh

• Signature: 29-06-2015
• Ratification: 22-03-2016 (R)
• Entry into force: 22-03-2016

Belarus

• Ratification: 17-01-2019 (A)
• Entry into force: 17-01-2019

Belgium

• Ratification: 10-07-2019 (A)
• Entry into force: 10-07-2019

Benin

• Ratification: 25-05-2020 (A)
• Entry into force: 25-05-2020

Brazil

• Signature: 29-06-2015
• Ratification: 02-11-2020 (R)
• Entry into force: 02-11-2020

Brunei

• Signature: 29-06-2015
• Ratification: 12-10-2015 (R)
• Entry into force: 25-12-2015

Cambodia

• Signature: 29-06-2015
• Ratification: 17-05-2016 (R)
• Entry into force: 17-05-2016

Canada

• Ratification: 19-03-2018 (A)
• Entry into force: 19-03-2018

Chile

• Ratification: 02-07-2021 (A)
• Entry into force: 02-07-2021

China

• Signature: 29-06-2015
• Ratification: 26-11-2015 (R)
• Entry into force: 25-12-2015
• Hong Kong SAR
  Entry into force: 25-12-2015Macao SAR
  Entry into force: 25-12-2015

Cook Islands

• Ratification: 01-06-2020 (A)
• Entry into force: 01-06-2020

Côte d'Ivoire

• Ratification: 26-02-2020 (A)
• Entry into force: 26-02-2020

Croatia

• Ratification: 17-12-2021 (A)
• Entry into force: 17-12-2021

Cyprus

• Ratification: 25-06-2018 (A)
• Entry into force: 25-06-2018

Denmark

• Signature: 27-10-2015
• Ratification: 15-01-2016 (R)
• Entry into force: 15-01-2016

Ecuador

• Ratification: 01-11-2019 (A)
• Entry into force: 01-11-2019

Egypt

• Signature: 29-06-2015
• Ratification: 04-08-2016 (R)
• Entry into force: 04-08-2016

Ethiopia

• Ratification: 13-05-2017 (A)
• Entry into force: 13-05-2017

Fiji

• Ratification: 11-12-2017 (A)
• Entry into force: 11-12-2017

Finland

• Signature: 29-06-2015
• Ratification: 07-01-2016 (R)
• Entry into force: 07-01-2016

France

• Signature: 29-06-2015
• Ratification: 16-06-2016 (R)
• Entry into force: 16-06-2016

Ghana

• Ratification: 21-02-2020 (A)
• Entry into force: 21-02-2020

Greece

• Ratification: 20-08-2019 (A)
• Entry into force: 20-08-2019

Guinea

• Ratification: 12-07-2019 (A)
• Entry into force: 12-07-2019

Hungary

• Ratification: 16-06-2017 (A)
• Entry into force: 16-06-2017

Iceland

• Signature: 29-06-2015
• Ratification: 04-03-2016 (R)
• Entry into force: 04-03-2016

India

• Signature: 29-06-2015
• Ratification: 11-01-2016 (R)
• Entry into force: 11-01-2016

Indonesia

• Signature: 29-06-2015
• Ratification: 14-01-2016 (R)
• Entry into force: 14-01-2016

Iran

• Signature: 29-06-2015
• Ratification: 16-01-2017 (R)
• Entry into force: 16-01-2017

Iraq

• Ratification: 04-08-2022 (A)
• Entry into force: 04-08-2022

Ireland

• Ratification: 23-10-2017 (A)
• Entry into force: 23-10-2017

Israel

• Signature: 29-06-2015
• Ratification: 15-01-2016 (R)
• Entry into force: 15-01-2016

Italy

• Signature: 29-06-2015
• Ratification: 13-07-2016 (R)
• Entry into force: 13-07-2016

Jordan

• Signature: 29-06-2015
• Ratification: 25-12-2015 (R)
• Entry into force: 25-12-2015

Kazakhstan

• Signature: 29-06-2015
• Ratification: 18-04-2016 (R)
• Entry into force: 18-04-2016

Kuwait

• Signature: 04-12-2015

Kyrgyzstan

• Signature: 29-06-2015
• Ratification: 11-04-2016 (R)
• Entry into force: 11-04-2016

Laos

• Signature: 29-06-2015
• Ratification: 15-01-2016 (R)
• Entry into force: 15-01-2016

Liberia

• Ratification: 04-01-2021 (A)
• Entry into force: 04-01-2021

Luxembourg

• Signature: 29-06-2015
• Ratification: 08-12-2015 (R)
• Entry into force: 25-12-2015

Madagascar

• Ratification: 25-06-2018 (A)
• Entry into force: 25-06-2018

Maldives

• Signature: 29-06-2015
• Ratification: 04-01-2016 (R)
• Entry into force: 04-01-2016

Malta

• Signature: 29-06-2015
• Ratification: 07-01-2016 (R)
• Entry into force: 07-01-2016

Mongolia

• Signature: 29-06-2015
• Ratification: 27-11-2015 (R)
• Entry into force: 25-12-2015

Morocco

• Ratification: 04-05-2022 (A)
• Entry into force: 04-05-2022

Myanmar

• Signature: 29-06-2015
• Ratification: 01-07-2015 (R)
• Entry into force: 25-12-2015

Nepal

• Signature: 29-06-2015
• Ratification: 13-01-2016 (R)
• Entry into force: 13-01-2016

New Zealand

• Signature: 29-06-2015
• Ratification: 07-12-2015 (R)
• Entry into force: 25-12-2015

Norway

• Signature: 29-06-2015
• Ratification: 22-12-2015 (R)
• Entry into force: 25-12-2015

Oman

• Signature: 29-06-2015
• Ratification: 21-06-2016 (R)
• Entry into force: 21-06-2016

Pakistan

• Signature: 29-06-2015
• Ratification: 22-12-2015 (R)
• Entry into force: 25-12-2015

Peru

• Ratification: 14-01-2022 (A)
• Entry into force: 14-01-2022

Philippines

• Signature: 31-12-2015
• Ratification: 28-12-2016 (R)
• Entry into force: 28-12-2016

Poland

• Signature: 09-10-2015
• Ratification: 15-06-2016 (R)
• Entry into force: 15-06-2016

Portugal

• Signature: 29-06-2015
• Ratification: 08-02-2017 (R)
• Entry into force: 08-02-2017

Qatar

• Signature: 29-06-2015
• Ratification: 24-06-2016 (R)
• Entry into force: 24-06-2016

Republic of Korea, the

• Signature: 29-06-2015
• Ratification: 11-12-2015 (R)
• Entry into force: 25-12-2015

Romania

• Ratification: 28-12-2018 (A)
• Entry into force: 28-12-2018

Russian Federation

• Signature: 29-06-2015
• Ratification: 28-12-2015 (R)
• Entry into force: 28-12-2015

Rwanda

• Ratification: 16-04-2020 (A)
• Entry into force: 16-04-2020

Samoa

• Ratification: 03-04-2018 (A)
• Entry into force: 03-04-2018

Saudi Arabia

• Signature: 29-06-2015
• Ratification: 19-02-2016 (R)
• Entry into force: 19-02-2016

Serbia

• Ratification: 15-08-2019 (A)
• Entry into force: 15-08-2019

Singapore

• Signature: 29-06-2015
• Ratification: 10-09-2015 (R)
• Entry into force: 25-12-2015

South Africa

• Signature: 03-12-2015

Spain

• Signature: 29-06-2015
• Ratification: 15-12-2017 (R)
• Entry into force: 15-12-2017

Sri Lanka

• Signature: 29-06-2015
• Ratification: 22-06-2016 (R)
• Entry into force: 22-06-2016

Sudan

• Ratification: 13-09-2018 (A)
• Entry into force: 13-09-2018

Tajikistan

• Signature: 29-06-2015
• Ratification: 16-01-2016 (R)
• Entry into force: 16-01-2016

Timor-Leste

• Ratification: 22-11-2017 (A)
• Entry into force: 22-11-2017

Tonga

• Ratification: 05-01-2021 (A)
• Entry into force: 05-01-2021

Tunisia

• Ratification: 29-04-2022 (A)
• Entry into force: 29-04-2022

Türkiye

• Signature: 29-06-2015
• Ratification: 15-01-2016 (R)
• Entry into force: 15-01-2016

United Arab Emirates

• Signature: 29-06-2015
• Ratification: 15-01-2016 (R)
• Entry into force: 15-01-2016

Uruguay

• Ratification: 28-04-2020 (A)
• Entry into force: 28-04-2020

Uzbekistan

• Signature: 29-06-2015
• Ratification: 30-11-2016 (R)
• Entry into force: 30-11-2016

Vanuatu

• Ratification: 06-03-2018 (A)
• Entry into force: 06-03-2018

Georgia

• Signature: 29-06-2015
• Ratification: 14-12-2015 (R)
• Entry into force: 25-12-2015
• Reservations / Declarations: Yes
• Objections: No

• reservation
  14-12-2015
  The Government of Georgia declares that Georgia's signature and subsequent ratification of the Articles of Agreement (AOA) of the Asian Infrastructure Investment Bank (AIIB) is without prejudice to Georgia's position on the status of recognition of any other member of the AIIB and that membership of the AIIB shall not per se be interpreted as implying any support to and/or the recognition of statehood of any other AIIB member by Georgia.

Germany

• Signature: 29-06-2015
• Ratification: 21-12-2015 (R)
• Entry into force: 25-12-2015
• Reservations / Declarations: Yes
• Objections: No

• reservation
  21-12-2015
  The Federal Republic of Germany retains for itself and its political subdivisions the right to tax the salaries, emoluments and expenses specified in Article 51, paragraph 2, of the Articles of Agreement, paid by the Bank to experts and consultants performing missions or services for the Bank who are Germans within the meaning of the Basic Law for the Federal Republic of Germany.

Malaysia

• Signature: 21-08-2015
• Ratification: 27-03-2017 (R)
• Entry into force: 27-03-2017
• Reservations / Declarations: Yes
• Objections: No

• reservation
  27-03-2017
  Pursuant to Article 51(2) of the said Agreement, the Government of Malaysia retains for itself the right to tax salaries and emoluments paid by the Asian Infrastructure Investment Bank to its citizens or nationals.

Netherlands, the Kingdom of the

• Signature: 29-06-2015
• Ratification: 16-12-2015 (R)
• Entry into force: 25-12-2015
• Reservations / Declarations: Yes
• Objections: No

• reservation
  16-12-2015
  In accordance with Article 51, paragraph 2, of the Articles of Agreement, the Kingdom of the Netherlands, for the European part of the Netherlands, retains for itself and its political subdivisions the right to tax salaries and emoluments, as the case may be, paid by the Bank to its citizens or its nationals. The term “citizens” in the previous sentence is interpreted to include residents.

  reservation
  04-03-2020
  In accordance with Article 51, paragraph 2, of the Articles of Agreement, the Kingdom of the Netherlands, for Curaçao, retains for itself and its political subdivisions the right to tax salaries and emoluments as the case may be, paid by the Bank to its citizens or its nationals. The term “citizens” in the previous sentence is interpreted to include residents.

Sweden

• Signature: 29-06-2015
• Ratification: 23-06-2016 (R)
• Entry into force: 23-06-2016
• Reservations / Declarations: Yes
• Objections: No

• reservation
  23-06-2016
  Sweden retains for itself and its political subdivisions the right to tax salaries, and emoluments, as the case may be, paid by the Bank to citizens of Sweden (Article 51.2).

Switzerland

• Signature: 29-06-2015
• Ratification: 25-04-2016 (R)
• Entry into force: 25-04-2016
• Reservations / Declarations: Yes
• Objections: No

• reservation
  29-04-2016
  In accordance with Article 51, Paragraph 2, Switzerland retains for itself and its political subdivisions the right to tax salaries and emoluments paid by the Bank to Swiss citizens resident in Switzerland and to other permanent residents in Switzerland.

Thailand

• Signature: 29-09-2015
• Ratification: 20-06-2016 (R)
• Entry into force: 20-06-2016
• Reservations / Declarations: Yes
• Objections: No

• reservation
  20-06-2016
  In accordance with Article 51 (2) of the aforesaid Articles of the Agreement, the Kingdom of Thailand retains for itself the right to tax salaries, and emoluments, as the case may be, paid by the Bank to citizens or nationals of the Kingdom of Thailand.

United Kingdom

• Signature: 29-06-2015
• Ratification: 03-12-2015 (R)
• Entry into force: 25-12-2015
• Reservations / Declarations: Yes
• Objections: No

• reservation
  03-12-2015
  Pursuant to Article 51, paragraph (2), the Government of the United Kingdom declares that it retains for itself and its political subdivisions the right to tax salaries, and emoluments, as the case may be, paid by the Bank to any person who is a British citizen, a British overseas territories citizen, a British Overseas citizen, a British subject, a British National (Overseas), or a British protected person. Pursuant to Article 44, paragraph (2), the Government of the United Kingdom informs the Bank of the action it has taken to make effective in its territory the provisions set forth in Chapter IX of the Articles of Agreement (“the provisions”). The Government of the United Kingdom has completed and made domestic legislation to make effective the provisions in England, Wales and Northern Ireland; and to make effective a number of the provisions in Scotland. The remaining provisions to be accorded in the territory of Scotland require legislation from the Scottish Parliament. Draft legislation to make the remaining provisions effective in Scotland is in the final stages of the legislative process and should be made in early December. The Government of the United Kingdom will update the Bank on the progress of this legislation.

  reservation
  14-04-2016
  Pursuent to Article 44, paragraph (2), the Government of the United Kingdom updates the Bank on the action it has taken to make effective in its territory the provisions set forth in Chapter IX of the Articles of Agreement (“the provisions”). Further to its Notificattion dated 26 November 2015, the United Kingdom has now completed and made domestic legislation to make effective, in Scotland, the remaining provisions. This legislation was approved by the Scottish Parliament on 25 November 2015 and made on 9 December 2015. Accordingly, all the provisions are now effective in the territory of the United Kingdom of Great Britain and Northern Ireland.

Vietnam

• Signature: 29-06-2015
• Ratification: 11-04-2016 (R)
• Entry into force: 11-04-2016
• Reservations / Declarations: Yes
• Objections: No

• reservation
  26-04-2016
  In accordance with Paragraph 2 of Article 51 (...) [t]he Socialist Republic of Viet Nam retains for itself and its political subdivisions the right to tax salaries, and emoluments, as the case may be, paid by the Bank to citizens or nationals of the Socialist Republic of Viet Nam.