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p. 11 of 12 BACK | NEXT I. Purpose, Function and Membership II. Capital III. Operations IV. Borrowing and other Miscellaneous Powers V. Currencies VI. Organization and Management VII. Withdrawal and Suspension of Members, Temporary Suspension and Termination of Operations of the Bank VIII. Status, Immunities, Exemptions and Privileges IX. Amendments, Interpretation, Arbitration X. Final Provisions Initial Subscriptions to the Authorized Capital Stock for Countries which may become members in accordance with Article 64 Election of Directors

Agreement Establishing the Asian Development Bank

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Initial Subscriptions to the Authorized Capital Stock for Countries which may become members in accordance with Article 64

Part A. REGIONAL COUNTRIES

I

II

The following regional countries may become Signatories of this Agreement in accordance with Article 63, provided that at the time of signing, they shall respectively subscribe to the capital stock of the Bank in the following amounts:

Part B. NON-REGIONAL COUNTRIES

I

II

The following non-regional countries which participated in the meeting of the Preparatory Committee on the Asian Development Bank in Bangkok from 21 October to 1 November 1965 and which there indicated interest in membership in the Bank, may become Signatories of this Agreement in accordance with Article 63, provided that at the time of signing, each such country shall subscribe to the capital stock of the Bank in an amount which shall not be less than five million dollars ($5,000,000):

III

On or before 31 January 1966, any of the non-regional countries listed in Part B(I) of this Annex may increase the amount of its subscription by so informing the Executive Secretary of the United Nations Economic Commission for Asia and the Far East in Bangkok, provided, however, that the total amount of the initial subscriptions of the non-regional countries listed in Part B(I) and (II) of this Annex shall not exceed the amount of three hundred and fifty million dollars ($350,000,000).

With (i) increases of $4,000,000, $10,000,000 and $20.000,000, respectively, in the subscriptions of the Federal Republic of Germany (currently Germany), Italy and the United Kingdom authorized under Part B III of Annex A, (ii) increases in the subscriptions of Afghanistan, Cambodia, Republic of Viet Nam (currently Socialist Republic of Viet Nam) and Singapore authorized by Resolution No. 4 of the Board of Governors, (iii) admission to membership of Indonesia, Switzerland, Hong Kong, France, Fiji, Papua New Guinea, Tonga, Bangladesh, Solomon Islands, Burma (currently the Union of Myanmar), Kiribati, Cook Islands, Maldives, Vanuatu, Bhutan, Spain, the People's Republic of China, Marshall Islands, Federated States of Micronesia, Turkey, Mongolian People's Republic (currently Mongolia), Republic of Nauru, Tuvalu, Kazakhstan and Kyrgyz Republic, authorized by Resolution Nos. 4, 11, 23, 31, 32, 38, 48, 54, 57, 63, 74, 95, 113, 138, 148, 168, 176, 201, 202, 205, 206, 212, 219, 224 and 225, respectively, of the Board of Governors, (iv) additional subscriptions of members under Resolution Nos. 46, 104; and 158 of the Board of Governors, and (v) increase in the subscriptions of Canada, Finland, France, the Federal Republic of Germany (currently Germany), Indonesia, Italy, Japan, Republic of Korea, Malaysia, Netherlands, Sweden, Switzerland, United States and Western Samoa authorized by Resolution Nos. 55, 79, 80, 89, 99, 100, 112, 114, 174, 193, 194 and 195 of the Board of Governors, the following is the list of subscriptions:

SUBSCRIPTIONS TO THE AUTHORIZED CAPITAL STOCK

OF THE ASIAN DEVELOPMENT BANK

As of 31 December 1994

Amount of Subscription (in million)

1/At exchange rate adopted as of 31 December 1994

Part B. NON-REGIONAL COUNTRIES

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