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BP 10.00, Annex G - Telex of Invitation to Negotiate


These policies were prepared for use by World Bank staff and are not necessarily a complete treatment of the subject.
BP 10.00 - Annex G
January, 1994
 

WASHINGTON, D.C.  [DATE]

ADDRESS TO [REPRESENTATIVES OF THE BORROWER, GUARANTOR, AND ANY OTHER ENTITY ENTERING INTO LEGAL AGREEMENTS WITH THE BANK ] RE: PROPOSED ___________ PROJECT.

AAA) I AM PLEASED TO INVITE THE GOVERNMENT OF [COUNTRY] AND [OTHER ENTITIES TO BE INVOLVED IN THE NEGOTIATIONS] TO SEND A DELEGATION TO WASHINGTON TO NEGOTIATE A PROPOSED [LOAN/CREDIT] OF [US$/SDR] ________ EQUIVALENT FOR THE PROPOSED PROJECT.  THE NEGOTIATIONS WILL BEGIN ON [DATE] AT THE WORLD BANK HEADQUARTERS.

BBB) AS YOU ARE AWARE, THE PROPOSED PROJECT INCLUDES THE FOLLOWING PARTS:  [BRIEF DESCRIPTION OF THE PROJECT].

CCC) AS PART OF THE NEGOTIATIONS, THE FOLLOWING ISSUES WILL BE DISCUSSED:         [BRIEF DESCRIPTION OF THE LOAN/CREDIT CONDITIONALITY ].

DDD) AS YOU MAY BE AWARE, IN AUGUST 1993 THE BANK'S BOARD OF EXECUTIVE DIRECTORS APPROVED A MORE OPEN INFORMATION POLICY.  AS A RESULT, THE AMOUNT OF INFORMATION MADE AVAILABLE WORLDWIDE TO THE PUBLIC HAS INCREASED.  AFTER THE BOARD APPROVES A PROJECT FOR BANK FINANCING, THE BANK RELEASES THE PROJECT'S STAFF APPRAISAL REPORT (SAR) TO INTERESTED PARTIES ON REQUEST.  BEFORE RELEASING SUCH A REPORT, THE BANK TAKES INTO ACCOUNT ANY COMMENTS MADE BY THE BORROWER CONCERNED.  THEREFORE, YOUR DELEGATION FOR THE FORTHCOMING NEGOTIATIONS SHOULD BE AUTHORIZED TO INDICATE ANY TEXT OR DATA IN THE SAR THAT MAY BE CONFIDENTIAL OR SENSITIVE, OR THAT MAY ADVERSELY AFFECT THE RELATIONS BETWEEN THE BANK AND THE GOVERNMENT [AND THE BORROWER] AND TO CLEAR CHANGES TO THE WORDING OF THAT SAR THAT MAY RESOLVE ANY PROBLEMS RELATED TO ITS RELEASE.

EEE) I LOOK FORWARD TO RECEIVING CONFIRMATION OF THE PROPOSED DATE FOR THE START OF NEGOTIATIONS AND THE COMPOSITION OF THE DELEGATION.

BEST REGARDS,



[NAME ]
 
DIRECTOR, [COUNTRY ] DEPARTMENT
 
THE WORLD BANK
 
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BP 10.00 - Investment Lending: Identification to Board Presentation



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