ifl.rb/Oct'93/22.10.1
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J CUNLIFFE (IF1)
October 1993
4680
Sir N Wicks
Mr Evans
Mr Fox
Mr Sedgwick
Mr Mortimer
Mr Meadows TOA
Mr Stevens EOG
Mr Wood
Mr Kalen
Ms Roberts
Mr Wray
Mrs Keswick
Mr Peretz
IMF AND WORLD BANK ANNUAL MEETINGS IN HONG KONG IN 1997
Issue
G
UKDel IMF
The next steps towards securing the 1997 Annual Meetings for Hong
Kong very probably involve the UK taking on a small contingent
ground 73.5m liability (probably about £200,000)- which would need to be
reported to Parliament.
Recommendation
2.
We continue to
press ahead with negotiations with the Fund
and Bank on the meetings, seeking to avoid this liability and the
Parliamentary stage if we can but recognising that we are unlikely
to be successful.
Action
3.
If you agree: