For decision on
25 February 1992
CONFIDENTIAL
Annex B
XCC(92)35 Copy No.
MEMORANDUM FOR EXECUTIVE COUNCIL
1997 ANNUAL MEETINGS
OF THE BOARDS OF GOVERNORS
OF THE WORLD BANK GROUP
AND THE INTERNATIONAL MONETARY FUND
THE PROBLEM
A decision is required on the areas which we should raise for discussion with the Chinese regarding the bid to hold the 1997 Annual Meetings of the Boards of Governors of the World Bank Group and the International Monetary Fund in Hong Kong.
RECOMMENDATION AND ADVICE SOUGHT
2
Members' advice will be sought on the line suggested in paragraphs 6 14 regarding the issues to be raised with the Chinese concerning the staging of the 1997 Annual Meetings of the Bank/Fund in Hong Kong.
BACKGROUND
3
On 28 January 1992, Members considered memorandum XCC(92)26 (see Annex) on the bid to hold the 1997 Annual Meetings in Hong Kong. The Council ADVISED and the Governor ORDERED that - "a short paper should be put to the Council outlining the areas which HKG intend to raise for discussion with the Chinese. HKG's bottom line in each of the areas to be discussed should be highlighted. HKG should be pro-active in the discussions and should advise the Chinese side how it intends to organize the event."
Executive Council