"I think it [AIIB] will be another player alongside the regional development banks – Asian, African, Latin-American, European and alongside the World Bank. But in my view, the more we have the resources to address the investment needs and to eradicate poverty, the better," Arancha Gonzalez said.
ITC is the joint agency of the World Trade Organization and the United Nations, which helps developing countries and transition economies in trade promotion and export development.
She added that "the needs for infrastructure and development in the world are huge."
"The more we have banks that are well-capitalized and well-tooled to finance this huge investment in infrastructure needs, the better we would live. And the more there is diversity in sources of financing, the more there is competition in the market, the better," Gonzalez stressed.
The AIIB is expected to commence operations by the end of 2015. On September 1, former Chinese Vice Finance Minister Jin Liqun assumed the duties of the Bank's first president.
