J

Reference..

99

Mr Carlér

E.C.G.D. Conditions

You wish to consider 98.

جن

Haq A.

AI

6en

95

H.K. Goot

in

wrisch

it

рала

er

a

the

teller

seut

16.12.68,

сору 27

to Tunnel Co. on

stated

in the penultimate

the Government is

to guarantees

عنا

prepared

bank loan

ECGD".

This was

not

The Company's

temus laid down by handed to you by

John Mardon on about

Arthur Gale worthy

18.12.68

Sir

must have seen

M.

Согоре

thwaite

about

Leve

same time,

but

it is

clear

Strat

H.K. made up

their

muide

talele

without

имассер

Alag K.

mi

they

Əlaq B

conditione set out at

83

thought we

had agreed with Cowperthwaith,

E C G D

and Treasury

2.

Mi

1

Hammam may

27.10.68

have got

the

when he says

that ECGD conditions

knowing about

the additional conditione contained

Cottrelli

based their opinion on

Celler

at 81.

dece you

In fact

Wie

Wieli

we

whee

wrong impression from his interview with Mr Cowperthwaite

the

British Government having offered underwrite half the guarantee, had

then deliberately raised

quoted by ECGD mi a

the conditione

manner which they

knew to be unacceptable to Hong Kong'

should ask Hong Kong

3.

Perhaps

Le

to

detail

those ECGD conditions

/explain

which they fund unacceptable and

7

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