The President's Recommendation

26. The President recommends that the Board approve (i) the acceptance by ADBI of the proposed fund, to be called the Japan Fund for Public Policy Training, as a new trust fund; (ii) the administration of the fund in accordance with the provisions set forth in this paper and in the letter from the Government of Japan to the President, appended hereto; and (iii) the amendments of the Statute of the ADBI to implement these arrangements, as described in para. 20.