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Viewing cable 05MANAMA1315, BAHRAIN: DECLARATION ON INNOVATIVE SOURCES OF

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Reference ID Created Released Classification Origin
05MANAMA1315 2005-09-12 09:12 2011-08-24 01:00 UNCLASSIFIED//FOR OFFICIAL USE ONLY Embassy Manama 
This record is a partial extract of the original cable. The full text of the original cable is not available.

120912Z Sep 05
 
UNCLAS MANAMA 001315 
 
SIPDIS 
 
SENSITIVE 
 
E.O. 12958: N/A 
TAGS: ECIN EAIR EAID EFIN BA UNGA
SUBJECT: BAHRAIN:  DECLARATION ON INNOVATIVE SOURCES OF 
FINANCING FOR DEVELOPMENT 
 
REF: STATE 162146 
 
Sensitive but unclassified; please protect accordingly.  Not 
for Internet distribution. 
 
1.  (SBU) Pol/Econ chief September 11 delivered reftel 
demarche concerning U.S. views of the "Declaration on 
Innovative Sources of Financing for Development" to MFA 
Director for International Organization Affairs Ghassan 
Shaikho.  Shaikho was surprised to hear about this initiative 
and wondered aloud why representatives of the sponsoring 
governments -- Algeria, Brazil, Chile, France, Germany, and 
Spain -- had not contacted the GOB.  He thought perhaps they 
were not serious about the Declaration and may have proposed 
it as a trial balloon. 
 
2.  (SBU) Shaikho understood our position and agreed that the 
Declaration did not sound like a good idea.  The 
International Finance Facility would seemingly duplicate 
instruments of existing international financial institutions 
without providing any additional value added.  He pledged to 
inform the Bahraini mission to the UN in New York of our 
views. 
 
MONROE