ASIAN DEVELOPMENT BANK: UK GUARANTEE OF

Note No B2

HONG KONG'S OBLIGATIONS

NOTES FOR SUPPLEMENTARIES AND WINDING UP

Has the PRC veto over Hong Kong's participation in ADB?

No.

They have agreed that Hong Kong may remain a member of the ADB after 1 July 1997. But we obviously need to discuss increased obligations with Chinese if they are to assume liabilities after 1997.

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