The Asian Development Bank (ADB) is an Asia regional development organization dedicated to reducing poverty in Asia and the Pacific. Photo: AFP/ Jay Directo
The Asian Development Bank says Niue faces serious challenges in achieving sustained social and economic development.
Niue has become the Bank's latest member.
The ADB said this new relationship would help the Bank work closely on building and strengthening Niue's economic growth.
The Bank said the economy grew by an average of 3.6 percent each year from 2012 to 2016.