TNAG-1489-FCO40-2046-Hong-Kong-and-the-Asian-Development-Bank-1986 — Page 75

Classification

RESTRICTED

OUT TELEGRAM

Caveat

Precedence

PRIORITY

1. cc FED

Dr. Wilson

Mr.

Layden fol

a ADB.

2

4 FM ODA LONDON

ZCZC

1 ZCZC

220

TC

2 RESTRICTED

CAVEAT

3

FM

ΤΟ

TELNO

6 TELNO MODEV 007

OF

AND TO

8 INFO ROUTINE PEKING

5 TO PRIORITY HONG KONG

7 OF 02170OZ APRIL 86

HKK 100/7 RECEIVED N/REGISTRY 1 7 APR 1986

DES INDEX

CEA

PA

ير

ISTRY

///

9

10

11 HONG KONG

74

on Taken

AjB 17/4

с

CONTRIBUTION TO ASIAN DEVELOPMENT FUND REPLENISHMENT

12 your tel no 693 TO FCO

13

141. WE AGREE THAT THE REVISED STATUTORY LIMIT FOR UK'S GUARANTEE

15 OF HONG KONG'S LIABILITIES TO THE ASDB ALLOWS ROOM FOR HONG KONG

16 TO MAKE A CONTRIBUTION OF US DOLLARS 1 MILLION TO THE FOURTH

17 REPLENISHMENT OF THE ASIAN DEVELOPMENT FUND. WE CAN NOW CONFIRM

18 THAT WE ALSO AGREE THAT YOU MAY MAKE SUCH A CONTRIBUTION IF YOU

19 SO WISH. ARRANGEMENTS WOULD HAVE TO BE MADE TO ENSURE THAT THE

20 CONTRIBUTION WAS FULLY DISBURSED BY 1997 TO AVOID ANY CONTINGENT

21 LIABILITY FOR THE CHINESE.

222. IN YOUR TEL NO 904 YOU SUGGESTED THE CHINESE SHOULD BE

23 INFORMED OF THIS INTENDED CONTRIBUTION BY OUR DIRECTOR AT THE

24 BANK ADVISING HIS CHINESE COLLEAGUE. ARRANGEMENTS FOR CHINESE

25 REPRESENTATION ON THE BOARD OF DIRECTORS ARE CURRENTLY UNDER

26 CONSIDERATION. IT MAY BE FEASIBLE TO ADVISE THE CHINESE IN THIS

27 WAY, OR PERHAPS THE UK DELEGATION AT THE BANK'S ANNUAL MEETING

//

/

28 LATER THIS MONTH CAN TELL THEIR OPPOSITE NUMBERS FROM THE CHINESE

29

/ / / / / / /

YYYY

ΜΑΙΝ

ADDITIONAL

File number INT 300/147/01

Dept

ODA

NNNN

Date/time

Catchword:

DELEGATION.

Drafted by (Block capitals)

MR CARTER

Telephone no

213 7738

NO DISTRIBUTION

Telegram number

Processed by

Authorised for Initials

despatch by:

203 2/41200

For COD Comcen reference use only

26842

Dd8422499 50m 9/85 27081

XY 48 (REV)

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