DRAFT
* SAVINGRAM
* TELEGRAMXXXX
Draft
by
File
Routine
URGENCY *
No.
INT 300/147/01
Priority XXXXXXXXXX
Immediate
Your
In
SECURITY* Unclass.
Mr Carter 31/3
Ref.
Conf.
Mr Frost 1/4
ENCLOSURES
Addressed
HONG KONG
Flash
Restricted, Conf.
Secret
Top Secret
Tel. No.
(SAVINGRAMS ONLY)
Repeated by TELEGRAM/AIR MAIL (ROUTINE UNLESS OTHERWISE STATED)
Tal. No.
Х.
PEKING
RUCTIO
SPECIAL INSTRUCTIONS, DISTRIBUTION AND FURTHER ACTION
CC
SENMAN
MR FROST ODA, E428
MR CARTER ODA, E429
REFERENCES AND AMENDMENTS
For Use in
Telegraph Branch:- SENT AT (TIME) .
MR T W M SMITH - KONG KONG DEPT
MR PE DENISON - TREASURY
ON (DATE)........
*Tick as appropriate
HONG KONG CONTRIBUTION TO
ASIAN DEVELOPMENT FUND REPLENISHMENT
YOUR TEL NO.693 TO FCO
Return to Room No.
E429.
1. WE AGREE THAT THE REVISED STATUTORY LIMIT FOR UK'S GUARANTEE OF
HONG KONG'S LIABILITIES TO THE AsDB ALLOWS ROOM FOR HONG KONG TO MAKE A
CONTRIBUTION OF US DOLLARS 1 MILLION TO THE FOURTH REPLENISHMENT OF THE
ASIAN DEVELOPMENT FUND. WE CAN NOW CONFIRM THAT WE ALSO AGREE THAT YOU
MAY MAKE SUCH A CONTRIBUTION IF YOU SO WISH. ARRANGEMENTS WOULD HAVE
TO BE MADE TO ENSURE THAT THE CONTRIBUTION WAS FULLY DISBURSED BY 1997
TO AVOID ANY CONTINGENT LIABILITY FOR THE CHINESE.
2. IN YOUR TEL NO.904 YOU SUGGESTED THE CHINESE SHOULD BE INFORMED
OF THIS INTENDED CONTRIBUTION BY OUR DIRECTOR AT THE BANK ADVISING HIS
CHINESE COLLEAGUE. ARRANGEMENTS FOR CHINESE REPRESENTATION ON THE BOARD
OF DIRECTORS ARE CURRENTLY UNDER CONSIDERATION. IT MAY BE FEASIBLE TO
ADVISE THE CHINESE IN THIS WAY, OR PERHAPS THE UK DELEGATION AT THE BANK'S
/ANNUAL
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