Commodities

Rayyan Hassan on the Asia Infrastructure Investment Bank

04 May 2015

By Salil Tripathi, Senior Advisor, Global Issues, IHRB

Rayyan Hassan is a Bangladeshi development expert based in the Philippines, who is the executive director of the NGO Forum at the Manila-based multilateral financial institution, Asian Development Bank. The NGO Forum comprises over 250 civil society organisations, grassroots organisations, and social movements across Asia. He has advocated civil society concerns to the ADB and its major shareholders, underscoring the importance of human rights, environment, use of natural resources, and political participation.

In this phone conversation with IHRB's Salil Tripathi, Hassan expressses his concerns over the new, China-led Asia Infrastructure Investment Bank (AIIB). Being set up to addressed the power imbalance at international financial institutions like the World Bank, the AIIB has received the support of most Asian countries and many European countries, although the United States has held out.

If the bank makes proper investments, it can lead to significant improvements in Asia's infrastructure, building much needed roads and ports. But there are concerns over safeguards for environment and human rights, and as Hassan points out in the conversation, it is important that the architecture of existing safeguards should not be undermined.

We apologise for the poor sound quality in portions of this podcast.

Download Filetype: MP3 - Size: 11.37MB - Duration: 12:25 m (128 kbps 44100 Hz)

Latest IHRB Publications

Rights and Wrongs - Gandhi’s Lessons for Davos

The global elite who effectively control many of the levers of power in the world, met last week in Davos for the annual  World Economic Forum

The Forum is often criticised for being a talk-fest of the wealthy with few opportunities for the poor...

Reflections from the 2018 Sporting Chance Forum

The 2018 Sporting Chance Forum brough together 250 high-level delegates from a broad range of stakeholders to drive progress toward a world of sport that fully respects human rights. 

Representatives of affected groups, sports bodies, governments,...

23 January 2019

Women’s Rights Still Seen Through the Foggy Lens of Biases, Discrimination, and Injustice

As we mark the 70th anniversary of the Universal Declaration of Human Rights (UDHR), it is becoming increasingly clear that in spite of great strides in protecting human dignity, inequalities continue to persist and are deepening more than ever. It...