Asian Development Bank Act: Hearing Before the Committee on Foreign Relations, United States Senate, Eighty-ninth Congress, Second Session, on H.R. 12563, to Provide for the Participation of the United States in the Asian Development Bank, February 16, 1966U.S. Government Printing Office, 1966 - 138 lappuses Considers H.R. 12563, to provide for U.S. participation in the Asian Development Bank. |
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$1 billion agencies amount approval Asian Bank Asian countries Asian Development Bank Asian nations Asian region assistance Bangkok Bank's BARR BELL bilateral BLACK Board of Directors Board of Governors borrowing callable capital Cambodia CHAIRMAN charter committee CONGRESS THE LIBRARY cooperation deposit developing countries dollars elected enters into force financing fiscal foreign guarantee hard currency India institutions Inter-American Development Bank investment Iran Korea Laos legislation lending Malaysia Manila meeting member countries membership ment million multilateral Nepal nonregional North Vietnam number of Governors obligations ordinary capital resources paid-in capital Pakistan paragraph payments percent Philippines pledges private capital projects ratification or acceptance regional countries regional members scriptions Secretary Senator AIKEN Senator HICKENLOOPER Senator LAUSCHE Senator MORSE Senator SYMINGTON soft currency southeast Asia special funds subscribed Thailand tion total number total voting power Treasury U.S. dollars U.S. participation U.S. subscription United Nations Vietnam World Bank
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5. lappuse - States Members of the United Nations or of any of its specialized agencies...
129. lappuse - Bank shall be to foster economic growth and co-operation in the region of Asia and the Far East (hereinafter referred to as the "region") and to contribute to the acceleration of the process of economic development of the developing member countries in the region, collectively and individually. Wherever used in this Agreement, the terms "region of Asia and the Far East...
2. lappuse - Bank shall be a party shall be deemed to arise under the laws of the United States, and the district courts of the United States shall have original jurisdiction of any such action.
97. lappuse - The property and assets of the United Nations, wherever located and by whomsoever held, shall be immune from search, requisition, confiscation, expropriation and any other form of interference, whether by executive, administrative, judicial or legislative action.
72. lappuse - Any Federal Reserve bank which is requested to do so by the Bank shall act as its depository or as its fiscal agent, and the Board of Governors of the Federal Reserve System shall supervise and direct the carrying out of these functions by the Federal Reserve banks.
93. lappuse - The Bank and its officers shall not interfere in the political affairs of any member; nor shall they be influenced in their decisions by the political character of the member or members concerned. Only economic considerations shall be relevant to their decisions, and these considerations shall be weighed impartially in order to achieve the purposes stated in Article I.
93. lappuse - President shall, subject to the paramount importance of securing the highest standards of efficiency and of technical competence, pay due regard to the importance of recruiting personnel on as wide a geographical basis as possible.
94. lappuse - The Bank shall publish an annual report containing an audited statement of its accounts and shall circulate to members at intervals of three months or less a summary statement of its financial position and a profit and loss statement showing the results of its operations.
97. lappuse - Actions may be brought against the Bank only in a court of competent jurisdiction in the territories of a member in which the Bank has an office, has appointed an agent for the purpose of accepting service or notice of process, or has issued or guaranteed securities.
100. lappuse - Bank, such disagreement shall be submitted to arbitration by a tribunal of three arbitrators, one appointed by the Bank, another by the country...