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Articles of Agreement of the Asian Infrastructure Investment Bank (AIIB)

Finance ministers from fifty-seven countries met in Beijing in October 2014 and signed a memorandum to establish the Asian Infrastructure Investment Bank (AIIB), which will focus on funding infrastructure to boost economic development in the Asia Pacific region. The Articles of Agreement were opened for signature on June 29, 2015 and must be ratifed domestically by December 31, 2016.

See more in Asia and Pacific; Banks and Banking

Op-Ed

The Payoff for Iran

Author: Ray Takeyh
Washington Post

The massive financial gains from a nuclear deal would enable Iran’s imperial ambitions in a fracturing Middle East, writes CFR’s Ray Takeyh. At the same time, the Islamic Republic would invest the money in consolidating the power of a repressive regime.

See more in Iran; United States; Treaties and Agreements

Op-Ed

The Iran Endgame

Author: Philip Gordon
Politico

In an article for Politico, Philip Gordon discusses the difficult issues that remain to be resolved in the negotiations with Iran as the June 30 deadline approaches. He argues the United States and its partners must stand firm on key principles and spells out what they need – and do not need – for an agreement that serves U.S. national interests.

See more in Iran; United States; Diplomacy and Statecraft; Treaties and Agreements

Op-Ed

Brad Glosserman and Scott Snyder: How to Defeat the 'Korea Fatigue'

Authors: Scott A. Snyder and Brad Glosserman
Asahi Shimbun

The Japan-South Korea relationship steadily improved in advance of parallel ceremonies marking the 50th anniversary of the normalization of their diplomatic relations on June 22. In recent weeks, ministerial-level bilateral contacts resumed between economic and defense ministers, and the top leaders made positive remarks about prospects for the relationship.

See more in Japan; South Korea; Diplomacy and Statecraft

Testimony

Evaluating Key Components of a Joint Comprehensive Plan of Action with Iran

Author: Ray Takeyh

In his testimony before the Senate Committee on Foreign Affairs, Ray Takeyh argues that before the impending nuclear agreement with Iran places Tehran inches away from the bomb, the United States should insist on additional parameters to assure that the deal will be an advantageous one for the international community.

See more in Iran; Weapons of Mass Destruction; Nonproliferation, Arms Control, and Disarmament

Other Report

New, Cheap, and Improved: Assessing the Promise of Reverse and Frugal Innovation to Address Noncommunicable Diseases

Author: Thomas J. Bollyky

In recent years, frugal and reverse innovation have gained attention as potential strategies for increasing the quality and accessibility of health care while slowing the growth in its costs. Thomas J. Bollyky arges that the demand for these types of innovation is increasing and outlines three practical questions for policymakers seeking real investments and results.

See more in Global; Diseases, Noncommunicable; Innovation