International Bank for Reconstruction and Development (IBRD) Board of Governors resolution ; no. 399 : Membership of Mozambique

 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT BOARD OF GOVERNORS Resolution No. 399 Membership of the People’s Republic of Mozambique Whereas the Government of the People’s Republic of Mozambique has applied for admission to membership in the International Bank for Reconstruction and Development in accordance with Section 1(b) of Article II of the Articles of Agreement of the Bank; and WHEREAS pursuant to Section 19 of the By-Laws of the Bank, the Executive Directors, after consultation with representatives of the Government of the People’s Republic of Mozambique, have made recommendations to the Board of Governors regarding this application; NOW, THEREFORE, the Board of Governors hereby RESOLVES: THAT the terms and conditions upon which the People’s Republic of Mozambique shall be admitted to membership in the Bank shall be as follows: 1. Definitions: As used in this resolution: (a) “Bank