NEW ASIAN BANK
22 Sign Charter -f ' (N.Z.P. A.-Reuter—Copyright) MANILA, December 5. Plenipotentiaries from 22 countries yesterday formally signed the charter of the Asian Development Bank. They also established a committee composed of 14 countries ,to/ *et up the . bank’s organteatton. The draft agreement eetabMshing the bonk was approved. at the second ministerial ' conference on Asian economic cooperation which ended in Mantis on Wednesday. < ■ ’ . ■ The bank, which will have an inbttal capMaHeatton of 1000 mtUion United Statu doUan, will be built fn a threaders let overlooking scenic to—ttaißay IL IS MXpeCVnl to u 1 Hl operation by the middle Of next year. . Hie conference of pienipotentiartea on the Aston Development Bank which ended jwlBT v P IWLu w.■ uulMr ■ daw mtatotaatai conference : sponsored by the Economic fiminWinn for Atta and tbe Far Eart.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19651207.2.254
Bibliographic details
Press, Volume CIV, Issue 30927, 7 December 1965, Page 26
Word Count
133NEW ASIAN BANK Press, Volume CIV, Issue 30927, 7 December 1965, Page 26
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in