Identifier
Created
Classification
Origin
08VIENNA602
2008-05-06 08:39:00
UNCLASSIFIED
Embassy Vienna
Cable title:  

DEMARCHE REQUEST: TURKEY CHANGE OF STATUS AT THE EBRD -

Tags:  ECON EINV ECIN EFIN ETRD EUN AU 
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VZCZCXRO6070
RR RUEHAG RUEHAST RUEHBW RUEHDA RUEHDF RUEHFL RUEHIK RUEHKW RUEHLA
RUEHLN RUEHLZ RUEHPOD RUEHROV RUEHSR RUEHVK RUEHYG
DE RUEHVI #0602 1270839
ZNR UUUUU ZZH
R 060839Z MAY 08
FM AMEMBASSY VIENNA
TO RUEHC/SECSTATE WASHDC 0118
INFO RUEATRS/DEPT OF TREASURY WASHDC
RUEHZL/EUROPEAN POLITICAL COLLECTIVE
UNCLAS VIENNA 000602 

SIPDIS

STATE FOR EEB/IFD/ODF
PASS TREASURY FOR DO/IA/IDP

NOT FOR INTERNET DISTRIBUTION

E.O. 12958: N/A
TAGS: ECON EINV ECIN EFIN ETRD EUN AU
SUBJECT: DEMARCHE REQUEST: TURKEY CHANGE OF STATUS AT THE EBRD -
AUSTRIA UNLIKELY TO SUPPORT U.S. POSITION

REF: STATE 41999

UNCLAS VIENNA 000602

SIPDIS

STATE FOR EEB/IFD/ODF
PASS TREASURY FOR DO/IA/IDP

NOT FOR INTERNET DISTRIBUTION

E.O. 12958: N/A
TAGS: ECON EINV ECIN EFIN ETRD EUN AU
SUBJECT: DEMARCHE REQUEST: TURKEY CHANGE OF STATUS AT THE EBRD -
AUSTRIA UNLIKELY TO SUPPORT U.S. POSITION

REF: STATE 41999


1. (U) Summary. The Austrian Ministry of Finance (MoF) is unlikely
to support the proposed U.S. approach linking Turkey's application
for change membership status to a six-month strategic review of the
EBRD's mandate. End Summary.


2. (U) Post conveyed reftel demarche on May 5 to Leander Treppel,
Manager of the External Economic Program Division of the MoF's
Economic Policy and Financial Markets Directory. According to
Treppel, the MoF has not yet agreed on a formal position for the
EBRD's Annual Meeting, but favors a strategic redirection of the
EBRD towards Southeastern Europe, Ukraine, Georgia, Armenia, the
Caucasus region and other Asian countries to use the EBRD's unique
experience with transition economies. However, the MoF is concerned
that linking Turkey's request to a discussion about EBRD's strategic
reorientation could unduly delay Turkey's request.


3. (U) Treppel also indicated that the Minsitry was skeptical about
a formal strategic review under the new EBRD administration, noting
that the EBRD regularly reviewed its investment strategy and was
evolving naturally toward the southeast. He stated that the GoA
disagrees with proposals heard previously from U.S. sources that the
EBRD should gradually be wound down.


4. (U) Vice-Chancellor and Finance Minister Wilhelm Molterer and
Leander Treppel will attend the EBRD's Annual Meeting, May 18-19.

KILNER

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