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 Chinese Gold Mining
Polyakov
Posted: May 2 2017, 04:50 AM


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My view is that in order to grow the Chinese economy best it is better if it diversifies into many different markets, we dont want to make them too dependent on Germany or vis versa.


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Red John the Taiwanese Man
Posted: May 2 2017, 08:22 AM


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We are not too fussed with which director - Japan or Germany - takes leadership of the loan, but with direct Japanese involvement by way of investing 10 credits, perhaps it is practical for them to oversee it, as they have interests both as a director and as an investment partner.


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Sachieiel
Posted: May 2 2017, 08:27 AM


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In the interests of moving this forward I will support Japanese leadership.

With 3/5 directors who approved the loan in agreement, I believe we can call that settled and proceed with the project.


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Ismail
Posted: May 3 2017, 08:39 PM


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(This passes.)


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Ismail
Posted: May 15 2017, 08:40 PM


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(Thread reopened at China's request.)


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Red John the Taiwanese Man
Posted: May 15 2017, 08:43 PM


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QUOTE (Ismail @ May 15 2017, 08:40 PM)
(Thread reopened at China's request.)

With the recent total embargo initiated by the EEC, China will need to delay repayment.

Furthermore, in the event that we do default on this loan, we believe it should be mentioned that each of the 5 directors will lose 20 credits.

We felt that the organisation should be notified.


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Polyakov
Posted: May 15 2017, 08:47 PM


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While we regret that political realities have interfered with this repayment, the World Bank directors do not directly influence their governments policy as that would jeapordise their independent nature.

However a loan restructuring would seem to be appropriate in this case.


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Polyakov
Posted: May 16 2017, 04:36 PM


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We suggest a modification of Chinas loan terms to postpone the start of repayments for two years.


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Sachieiel
Posted: May 16 2017, 04:37 PM


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I would be amenable to such terms


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Polyakov
Posted: May 17 2017, 09:43 AM


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Absent further comment from the other directors and noting the time sensetive nature we call this to a vote.

Aye: 1 (France)
Nay: ()


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Gyrocile
Posted: May 17 2017, 09:57 AM


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Aye: 2 (France, India)
Nay: ()


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Wolverine
Posted: May 21 2017, 05:52 PM


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Aye: 3 (France, India, Iran)
Nay: 0 ()


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Gyrocile
Posted: May 21 2017, 05:57 PM


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QUOTE (Wolverine @ May 21 2017, 11:52 PM)
Aye: 3 (France, India, Iran)
Nay: 0 ()

(Iran isn't a World Bank director wink.gif )


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Indian Prime Minister - P. V. Narasimha Rao


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[spoiler=Former]BoP XIV
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Wolverine
Posted: May 21 2017, 06:58 PM


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QUOTE (Gyrocile @ May 21 2017, 05:57 PM)
QUOTE (Wolverine @ May 21 2017, 11:52 PM)
Aye: 3 (France, India, Iran)
Nay: 0 ()

(Iran isn't a World Bank director wink.gif )

((Missed the whole director thing. My bad laugh.gif ))


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Mir-Hossein Mousavi, President of the Islamic Republic
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Polyakov
Posted: May 22 2017, 02:38 PM


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The need for this has passed so France withdraws its proposal.


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