Current Affairs - International - Discussion

Israel joined the Asian Development Bank (ADB) as its 69th member, following approval by the ADB Board of Governors through Resolution No. 414. This membership expansion highlights ADB's growing global presence and cooperation. Headquartered in Manila, Philippines, ADB aims to promote economic growth and development in Asia through financing and technical assistance. Israel's membership is expected to foster collaboration and knowledge sharing, contributing to regional development and economic integration. This move also underscores ADB's commitment to inclusive and sustainable growth across its member countries.