Cablegate: Next Steps On Financial Agreement

This record is a partial extract of the original cable. The full text of the original cable is not available.

121250Z May 03

UNCLAS ANKARA 003082

SIPDIS

SENSITIVE

STATE FOR E, EB/IFD AND EUR/SE
TREASURY FOR OASIA - MILLS AND LEICHTER
NSC FOR QUANRUD AND BRYZA

E.O. 12958: N/A
TAGS: EFIN ECON TU
SUBJECT: NEXT STEPS ON FINANCIAL AGREEMENT

REF: A. (A) STATE 123461
B. (B) ANKARA 3018

(SBU) A/DCM passed Ref A answers regarding the $1 billion
financial assistance package to Treasury Deputy U/S Aydin
Karaoz May 12. Karaoz said that, based on the May 9
Babacan-Taylor phone conversation, he understood the USG
would prepare and present a draft financial agreement, after
which the GOT would send a technical team to Washington to
discuss it. A/DCM said his understanding was that U/S Taylor
had undertaken to get back to Minister Babacan early this
week about next steps, and that all concerned seemed to agree
that technical discussions would take place in Washington.
PEARSON

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