The European Investment Bank (EIB) is ready to sign a cooperation agreement with the BRICS’ New Development Bank, EIB President Werner Hoyer told RIA Novosti.

On Monday, EIB and the Asian Infrastructure Investment Bank (AIIB) agreed to broaden cooperation to support investment in“strategically important projects.”

“We hope to reach such an agreement with NDB soon. We are always open for that,” said Hoyer.

Speaking at a news conference at the EU Embassy in China, he also expressed hopes for productive cooperation between AIIB and the BRICS bank, along the same lines as “the European Investment Bank had with the World Bank on some concrete projects.”