Europe

Attendees at Asian bank meeting cite value of cooperation

  • In this photo released by China's Xinhua News Agency, South Korea's Deputy Prime Minister Yoo Il-ho speaks at the opening ceremony of the first annual meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) in Beijing, Saturday, June 25, 2016. Yoo called on governments to show the value of international cooperation as a Chinese-led Asian infrastructure investment bank held its first annual meeting following Britain's vote to leave the European Union. (Li Xin/Xinhua via AP) NO SALES

    In this photo released by China's Xinhua News Agency, South Korea's Deputy Prime Minister Yoo Il-ho speaks at the opening ceremony of the first annual meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) in Beijing, Saturday, June 25, 2016. Yoo called on governments to show the value of international cooperation as a Chinese-led Asian infrastructure investment bank held its first annual meeting following Britain's vote to leave the European Union. (Li Xin/Xinhua via AP) NO SALES  (The Associated Press)

  • FILE - In this Jan. 16, 2016, file photo, South Korean Finance Minister Yoo Il-ho speaks during the opening ceremony of the Asian Infrastructure Investment Bank (AIIB) in Beijing. Yoo on Saturday, June 25, 2016, has called on governments to show the value of international cooperation as a Chinese-led Asian infrastructure investment bank held its first annual meeting following Britain's vote to leave the European Union. (AP Photo/Mark Schiefelbein, Pool, File)

    FILE - In this Jan. 16, 2016, file photo, South Korean Finance Minister Yoo Il-ho speaks during the opening ceremony of the Asian Infrastructure Investment Bank (AIIB) in Beijing. Yoo on Saturday, June 25, 2016, has called on governments to show the value of international cooperation as a Chinese-led Asian infrastructure investment bank held its first annual meeting following Britain's vote to leave the European Union. (AP Photo/Mark Schiefelbein, Pool, File)  (The Associated Press)

South Korea's deputy prime minister has called on governments to show the value of international cooperation as a Chinese-led Asian infrastructure investment bank held its first annual meeting following Britain's vote to leave the European Union.

Officials of dozens of governments including Britain attended the Asian Infrastructure Investment Bank meeting Saturday. The bank was launched this year to finance construction of roads, ports and other infrastructure in Asian countries.

Speaking at an opening ceremony, Deputy Prime Minister Yoo Il-ho of South Korea said the British vote was "a big blow to those who believe a more integrated world economy is beneficial."

Yoo said, "We should use this opportunity to show that we can cooperate to overcome challenges and achieve common prosperity."