The possible role of the interim arrangements in the preparation of projects

Abstract

In the note by the secretariat on interim arrangements for the period between the signing of the Agreement and its coming into force, it is suggested that, inter alia, the interim arrangements should “study and prepare… a series of development projects for submission to the bank when it comes into being” Since this proposal has given rise to come misunderstanding, this note has been prepared with a view to clarifying the suggestion; it also discusses some of the difficulties which have been raised in the debate in the commission on interim arrangements and the location of the bank.