Israel Joins Asian Development Bank (ADB)

Current Context : Israel became the 69th member and 20th non-regional member of the ADB, following completion of all membership criteria.

This membership allows Israel to access and contribute to ADB-led development projects across Asia, supporting infrastructure, social, and environmental sustainability. The partnership is expected to boost Israel’s trade ties in Asia, diversifying its international alliances​

About the Asian Development Bank (ADB):

• Founded: 1966, headquartered in Manila, Philippines.
• Objective: ADB aims to foster economic development, reduce poverty, and improve quality of life in the Asia-Pacific region.
• Members: 69 members in total, with 49 from within Asia.

Focus Areas: It supports initiatives in infrastructure, education, environmental sustainability, health, and regional cooperation.