ZCZC
OELNAN 1478
ESTRICTED
PP PEKIN
FM MODEV TO PEKIN
121605Z MAY
GRS 160
RESTRICTED
FM ODA LONDON
TO PRIORITY PEKING
TELNO MODEV 77
OF 121605Z MAY 86
NO DISTRIBUTION
2DA
fE
HKCI
اجمع
HKR RÉCENZA
pa.
DISTR
19 MAY 1986
AB: 1915
VISIT OF PRESIDENT OF ASIAN DEVELOPMENT BANK TO CHINA
UK DIRECTOR AT ASDB HAS ASKED US TO ADVISE YOU THAT BANK PRESIDENT
MASAO FUJIOKA STARTED FIVE DAY OFFICIAL VISIT TO CHINA ON 12 MAY.
2. AT RECENT BANK ANNUAL MEETING CHINA'S MEMBERSHIP WAS WELCOMED,
BUT NO CONCLUSIONS WERE REACHED WHETHER SIZE OF BOARD OF DIRECTORS
SHOULD BE INCREASED TO ACCOMMODATE CHINA.
REGIONAL MEMBER COUNTRIES INCLUDING JAPAN AND AUSTRALIA WANT ONE
EXTRA SEAT TO ALLOW CHINA TO TAKE ONE WITHOUT DETRIMENT TO EXISTING
SMALLEST REGIONAL CONSTITUENCY (AFGHANISTAN, CAMBODIA, LAIS, SRI LANKA AND VIETNAM). NON-REGIONAL MEMBER INCLUDING UK PREFERRED
BOARD TO REMAIN AT 12
4 MON-REGIONAL)
BUT IF THERE HAD TO BE ANY INCREASE IT SHOULD BE TO 14 OR 15
MAINTAIN BALANCE BETWEEN REGIONAL AND NON-REGIONAL GROUPS.
MEMBERS ( 8 REGIONAL,
TO
3. PRC HAS SUFFICIENT VOTING POWER TO ELECT A CHINESE DIRECTOR
AT 1987 ANNUAL MEETING SO SOLUTION WILL NEED TO BE FOUND BY THEN. BANK'S PRESIDENT HAS PROMISED TO GIVE FURTHER URGENT CONSIDERATION
TO THE PROBLEM. THERE IS AGREEMENT THAT UNTIL NEXT YEAR'S ELECTION
OF DIRECTORS, A CHINESE REPRESENTATIVE IS WELCOME TO PARTICIPATE IN BOARD MEETINGS.
HOWE
32
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