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Over $5 trillion in ship-borne trade passes through the sea annually.
The AIIB is one of three entities China is promoting, along with a joint $100 billion BRICS Development Bank and a $40 billion Silk Road Fund.
A study conducted by a London-based think tank estimated that Brexit could decrease British global imports by 25 per cent worldwide over the next two years.
The construction of fuselage and the assembly of the airplanes will take place in China, Rogozin said.
The highest number of displaced persons was in Somalia, the report revealed; more than 1.1 million people had fled the fighting there.
A package of bilateral documents on trade, economy and investment, is expected to be signed during the visit.
World’s largest importer of arms is now allowing non-Indian companies to own up to 100 per cent of defense firms, a new government statement on Monday said. Apart from allowing upto 100 per cent foreign
Baghdad is overwhelmed by the exodus of peoples fleeing the fighting as the world marks Refugee Day.
Earlier this week Steinmeier urged NATO not to "create pretexts to renew an old confrontation" with Russia.
Sergeant Andrey Timoshenkov prevented a suicide car bomber from reaching his target in Homs.
