Regarding today's media reports that "there is no fear of China's suppression, China wants to hold the annual meeting of the Central American Bank", the Treasury Department of the Ministry of Finance explained as follows:
First, China joined the Central American Bank in the Republic of China in 81 years, and is the largest shareholder outside the bank. The country, and hosted the annual meeting of the council in the Republic of China in 1984.
2. In order to fulfill the responsibilities of the Member States, China has previously assessed whether to apply for hosting the annual meeting of the Central American Banking Council. However, considering the practice of the Bank to host the annual meeting of the Board of Directors by the new member states, South Korea and others will join the bank. Member States may apply to the bank to host the annual meeting of the 2020 Board of Directors, and our country respects the practice of the bank and does not fight for it.
3. China has cooperated with Central American Bank for more than 20 years and has made outstanding contributions to the Bank. It has continued to participate in the annual meeting of the Board of Directors and will continue to actively participate in the Bank's affairs and fulfill its international social responsibilities.
Source: Ministry of Finance