Identifier
Created
Classification
Origin
09VIENTIANE202
2009-04-29 07:07:00
UNCLASSIFIED
Embassy Vientiane
Cable title:
DEMARCHE TO LAO MFA: ADB CAPITAL INCREASE
how-toVZCZCXRO2900 RR RUEHCHI RUEHCN RUEHDT RUEHHM DE RUEHVN #0202 1190707 ZNR UUUUU ZZH R 290707Z APR 09 FM AMEMBASSY VIENTIANE TO RUEHC/SECSTATE WASHDC 2558 INFO RUEHZS/ASSOCIATION OF SOUTHEAST ASIAN NATIONS RUCPDOC/DEPT OF COMMERCE WASHDC RUEATRS/DEPT OF TREASURY WASHDC
UNCLAS VIENTIANE 000202
SIPDIS
STATE FOR EAP/MLS (EMERY)
STATE FOR EAP/EP (HADDA)
STATE FOR EEB/IFD/ODF (LEATHAM AND SIEMER)
COMMERCE FOR HPPHO
TREASURY FOR SCHUN
E.O. 12958: N/A
TAGS: PREL PGOV ETRD ECON EAID ADB LA
SUBJECT: DEMARCHE TO LAO MFA: ADB CAPITAL INCREASE
REF: STATE 41663
UNCLAS VIENTIANE 000202
SIPDIS
STATE FOR EAP/MLS (EMERY)
STATE FOR EAP/EP (HADDA)
STATE FOR EEB/IFD/ODF (LEATHAM AND SIEMER)
COMMERCE FOR HPPHO
TREASURY FOR SCHUN
E.O. 12958: N/A
TAGS: PREL PGOV ETRD ECON EAID ADB LA
SUBJECT: DEMARCHE TO LAO MFA: ADB CAPITAL INCREASE
REF: STATE 41663
¶1. Econoff delivered points in ref A to MFA Department of
Economic Affairs Director General Latsamy Keomany. Mr.
Latsamy agreed the planned 200% general capital increase was
a good idea, and also agreed anti-corruption measures were
useful, although hard to implement. Mr. Latsamy promised to
share the information in the demarche with the Ministry of
Finance, which is the lead agency for decisions regarding the
Asian Development Bank. Mr. Latsamy believes the Government
of Laos will support the capital increase; he was unable to
speak to the likelihood of supporting the reform agenda.
HAYMOND