with individual cabrer countries. But in making their judgesen an
the banks will certainly be looking for Some LESBIAN OS
commitment of debtor countries to sound economic policies azd from the part which the IF, and we hope increasingly the oriê Bank, will be slavine,
Mr Chairman, there have been
valuable discussions about these
problems here at Seoul, in the Interia and Development Committees,
and the decisions taken reflect our cosason concern.
In
view of the uncertainties remaining in the world economy and
the difficulties some debtor nations continue to face, I am glad
that the Interim Committee has decided to ree the policy on enlarged access for 1986 with only marginal changes.
Particularly welcome too
are the principles on which we have
agreed regarding the future use of the INF Trust Ford reflows.
These apply primarily to the poorest countries (above all in Africa)
and I an glad to pay tribute
tribute to the helpful decisions by China
and India not to exercise their right to draw on Lhe Trust and
until 1991.
I was also very pleased to hear of the decision in principle taken in the Executive Board here in Seoul to make available a drawing
of
300 million SDR under the Emergency Assistance Facility give the Government and people of Mexico some special help towards rebuilding after the tragedy of the recent earthquake.
Finally, I welcome the text of the Convention for a Multilateral
Investment Guarantee Agreement
Guarantee Agreement which, despite many difficulties, has now emerged from the work of the Executive Board of the Jarle
Bank.
I conclude, Mr Chairman, by emphasising three vital contributions which the industrialised countries must make. First, to susta ja ka the non-inflationary growth of the world economy. Second, allow the free export of investment capital to developing countries. Third, to resist protectionist pressures and keep their open to the exports of the developing countries and of each
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