The New Nation - Internet Edition

The Aga Khan, the Spiritual Leader (Imam) of the Shia Ismaili Muslims and founder and chairman of the Aga Khan Development Network (AKDN), met with Mr. Naruhiko Kuroda, President of the Asian Development Bank (ADB), for discussions on joint collaboration between the ADB and AKDN. The meeting preceded the signing of an agreement aimed at expanding the partnership between the two institutions, says an AKDN press release.

"A strengthened partnership between ADB and the Aga Khan Development Network provides an effective channel for supporting inclusive development in the region, especially for the benefit of the poorest and most vulnerable people in society," said Mr. Kuroda.

The Aga Khan's younger brother, Prince Amyn Aga Khan, who signed the agreement on the Aga Khan's behalf, thanked the ADB for its long-standing cooperation and lauded the Bank's efforts to adopt a new long-term strategy this year in the face of growing challenges and opportunities in the Asia-Pacific region.

Prince Amyn Aga Khan expressed confidence that the agreement will enable an intensification of the collaboration between the two institutions, thereby helping to transform the lives of many.

He added that the agreement is "an expression of our shared commitment to ensure that marginalised and impoverished areas of South and Central Asia receive the attention and support needed to alleviate poverty and to create stability in cross border areas, by connecting isolated communities, developing markets, incomes, and employment, and fostering an enabling environment."

The joint ADB/AKDN agreement stresses the need "to find ways to undertake investments to connect the poor to the opportunities of growth and to connect services to the poor emanating from national and regional growth benefits."