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Additional votes for China in the IMF and World Bank must be conditional on a Chinese commitment to derestrict their currency and accept reserve currency status.
Obama also accepts Israel's position that any such proposal must be conditional on a comprehensive peace settlement, which the US and Israel can continue to delay indefinitely.
Indeed, on October 29th, Goh Chok Tong, Singapore's prime minister, said any assistance provided by his country would be conditional on a programme being negotiated with the IMF.
Britain was said to have pressed hard for it to take place at Easter, but said that it would be conditional on a two-week ceasefire by the IRA.
It said the issue should be settled quickly to avoid the impression that future financial support would be conditional on a voluntary restructuring of debt held by banks and other private-sector investors.
For now, it remains unclear whether the Ireland bailout will be conditional on a rise in her corporation tax rate, currently 12.5 per cent, the lowest among EU countries.
Similar(47)
That cease-fire was to be conditional on an Israeli withdrawal from West Bank cities, said a Palestinian official involved in those talks.
Air France has already said any relationship would be conditional on an Alitalia restructuring.
But, the clerk warned her, the approval was conditional on a name check.
Thereafter, admittance is conditional on a prior demonstration of personal delinquency.
The RFU, which recently announced an annual profit of £14.5m, says the handouts are conditional on a lasting peace deal.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com