(17259) Dd.897459 250m 12/72_G.W.B.Ltd. Gp.863 (16941) Dd.897300 250m 9/72 G.W.B.Ltd. Gp.863
NOTHING TO BE WRITTEN IN THIS MARGIN
SECRET
serious. This would arise if we gave tariff preferences,
for example, to Korea under the Community's Generalised
Scheme of Preferences, which were denied to Hong Kong.
To put Hong Kong's case to the Community and fail would
be something; not to put it at all was unacceptable.
Sir Alec Douglas-Home commented that the danger was
that we would be under pressure, to reopen other cases
but he would like to see exactly what
exactly what m2 Rippen had said. as well,The question was, however, under study in the
Foreign and Commonwealth Office and he would have
Hong Kong's interest in mind.
STERLING
1. Sir Murray MacLehose said that the Chancellor's
offer to the overseas holders of sterling had been
made in a form which did not fit Hong Kong for various
technical and political reasons. He would be having
talks with Treasury officials later the same day. He
hoped to persuade them that Hong Kong needed to maintain
a lower proportion of its reserves in sterling and that
they should have comprehensive discussions with his
Financial Secretary during the forthcoming Finance
Ministers meetings in Dar-es-Salaam and Nairobi.
123 Sir Alec Douglas-Home said that if discussions
be prepared to get in touch with with the Treasury did not go well he would teak to the
Chancellor.
SUPERINTENDENT GODBER
1
13.
Mr Royle said he had spoken to the Attorney General
who advised that it would be wrong to amend the
Fugitive Offenders Act in order to catch one man, who
might anyway abscond.
15.
14. Sir Murray MacLehose replied that the case of
Superintendent Godber illuminated an admitted defect
SECRET
/in the