Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of the (a) financial and (b) political (i) benefits and (ii) disadvantages of membership of the Asian Infrastructure Investment Bank.

The Asian Infrastructure Investment Bank (AIIB) is an established multilateral development bank (MDB) with a membership of 109 countries worldwide.

The benefits of the UK's membership of the AIIB were set out when the government announced its intention for the UK to join the AIIB and in presenting the Draft AIIB (Initial Capital Contribution) Order 2015 for agreement by the House of Commons.