CONFIDENTIAL
-2-
3. WE DO NOT BELIEVE THAT THE RE-OPENING OF NEGOTIATIONS WITH ECGD COULD BE KEPT QUIET EITHER HERE OR IN HONG KONG EVEN IF NO STATEMENT WERE MADE. YOUR STATEMENT THEREFORE WITH ITS INDICATION OF CONDITIONS STILL TO BE FULFILLED SHOULD AVOID AROUSING UNDUE OPTIMISM, THUS MINIMISING THE CHANCES OF POLITICAL DAMAGE EVEN IF NEGOTIATIONS IN
THE EVENT BREAK DOWN.
4. PLEASE PASS COPY OF THIS TELEGRAM TO HANNAM.
STEWART
FILES
H.K.D.
FA EASTERN DEPT.
F.P.A.D.
W.3.D.
3.P.D.
SIR A.
GALSWORTHY
MR. J. MORETON
PS TO LORD SHEPHERD
CONFIDENTIAL