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Viewing cable 08BUDAPEST419, EBRD: HUNGARY SUPPORTS U.S. APPROACH ON TURKEY

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Reference ID Created Released Classification Origin
08BUDAPEST419 2008-04-24 11:45 2011-08-24 01:00 UNCLASSIFIED Embassy Budapest 
VZCZCXRO6871
PP RUEHAG RUEHDF RUEHIK RUEHLZ RUEHROV
DE RUEHUP #0419 1151145
ZNR UUUUU ZZH
P 241145Z APR 08
FM AMEMBASSY BUDAPEST
TO RUEHC/SECSTATE WASHDC PRIORITY 2851
RUEATRS/DEPT OF TREASURY WASHDC PRIORITY
INFO RUCNMEM/EU MEMBER STATES COLLECTIVE
RUEHTA/AMEMBASSY ASTANA 0022
RUEHKB/AMEMBASSY BAKU 0131
RUEHBW/AMEMBASSY BELGRADE 0003
RUEHSW/AMEMBASSY BERN 0107
RUEHEK/AMEMBASSY BISHKEK 0027
RUEHEG/AMEMBASSY CAIRO 0135
RUEHBY/AMEMBASSY CANBERRA 0067
RUEHCH/AMEMBASSY CHISINAU 0225
RUEHDBU/AMEMBASSY DUSHANBE 0002
RUEHKV/AMEMBASSY KYIV 0127
RUEHME/AMEMBASSY MEXICO 0073
RUEHMO/AMEMBASSY MOSCOW 0630
RUEHNY/AMEMBASSY OSLO 0099
RUEHPOD/AMEMBASSY PODGORICA 0007
RUEHRB/AMEMBASSY RABAT 0056
RUEHVJ/AMEMBASSY SARAJEVO 0281
RUEHUL/AMEMBASSY SEOUL 0034
RUEHSQ/AMEMBASSY SKOPJE 0678
RUEHNT/AMEMBASSY TASHKENT 0070
RUEHSI/AMEMBASSY TBILISI 0248
RUEHTV/AMEMBASSY TEL AVIV 0130
RUEHTI/AMEMBASSY TIRANA 0478
RUEHKO/AMEMBASSY TOKYO 0095
RUEHUM/AMEMBASSY ULAANBAATAR 0008
RUEHWL/AMEMBASSY WELLINGTON 0031
RUEHYE/AMEMBASSY YEREVAN 0122
RUEHVB/AMEMBASSY ZAGREB 1194
RUEHBS/USEU BRUSSELS
 
UNCLAS BUDAPEST 000419 
 
SIPDIS 
 
SIPDIS 
 
STATE FOR EEB/IFD/ODF AND EUR/NCE 
TREASURY FOR DO/IA/IDP 
 
E.O. 12958: N/A 
TAGS: EAID PREL TU HU
SUBJECT: EBRD: HUNGARY SUPPORTS U.S. APPROACH ON TURKEY 
 
REF: STATE 41999 
 
    Ministry of Finance State Secretary Almos Kovacs 
expressed broad agreement with the U.S. approach on 
accelerated strategic review of European Bank for 
Reconstruction and Development (EBRD) mandate and future 
operations and subsequent consideration of a Turkish 
application to be a country of operation (reftel).  Kovacs 
stressed that, while it is incumbent on the EBRD to make its 
continued support of ex-Communist countries a priority, 
Turkey could be an appropriate target for future EBRD 
operations.  Beyond lending, Kovacs offered that what Hungary 
and neighboring countries took from their EBRD experience 
included development of capital markets, easing 
privatization, and helping to open and optimize economies. 
In terms of Turkey, Kovacs expressed appreciation for U.S. 
efforts to address this issue directly with Turkish 
government officials, and readiness to cooperate in the 
months to come. 
FOLEY