TNAG-1768-FCO40-2522-Hong-Kong-and-the-Multilateral-Investment-Guarantee-Agency-(-1988 — Page 6

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RR HOKON ANGUI TORTO PLYMO GRCAY PTSTA GIBRA WELLI

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FM ODA LONDON

TO ROUTINE HONG KONG

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INFO ROUTINE ANGUILLA TORTOLA MONTSERRAT PORT STANLEY GIBRALTAR AND INFO PITCAIRN HENDERSON DUCIE AND CENO ISLANDS AND INFC ROUTINE ST HELENA

GRAND TURKS AND CAICOS ISLANDS

MULTILATERAL INVESTMENT GUARANTE AGENCY (MIGA)

1. PLEASE REFER TO EARLIER CORRESPONDENCE ON THE ABOVE SUBJECT.

AT THEIR MEETING ON 7 SEPT 1988 THE BOARD OF DIRECTORS OF MIGA AGREED THAT THE TEN DEPENDANT TERRITORIES TO WHOM THIS TELEGRAM IS ADDRESSED SHOULD BE CLASSIFIED AS DEVELOPING MEMBER COUNTRIES FOR PURPOSES OF THE MIGA CONVENTION.

THUS THE TYPE OF INVESTMENT COVERED BY THE MIGA CONVENTION MADE IN THE SE DEPENDANT TERRITORIES WILL BE ELIGIBLE FOR MIGA INSURANCE COVER WHERE THE INVESTORS COME FROMCOUNTRIES OTHER THAN U.K. WHO ARE MIGA MEMBERS

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YYYY WELLI PSE PASS TO PITCAIRN HENDERSON DUCIE AND OENO ISLANDS

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