CONFIDENTIAL

Draft passage for inclusion in a letter to the Governor of Hong Kong about the proposal for a Hong Kong Register of Shipping

Fenultimate paragraph? First sentence.

After "unsympathetic to what you have in mind" insert fullstop and the following:

"Cur joint aim is an arrangement which meets

your needs, but which does not get both of us

into unacceptable difficulties. If a separate

Hong Kong shipping register is possible on this

basis, we are certainly not opposed in principle.

But you will wish to consider all the implications

in the light of our discussions. For our part we must remember that the transfer of the register

would not divest us of the responsibility for

Hong Kong's marine policy in international circles.

he would also have to

CONFIDENTIAL

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