NOTHING TO BE WRITTEN IN THIS MARGIN
Registry
0.
SECURITY CLASSIFICATION
(
Top Secret,
Secret.
Confidential.
Restricted. Unclassified.
PRIVACY MARKING
In Confidence
DRAFT
LETTER
Type 1 +
To:-
Mr Y K Pao
World-Wide (Shipping) Lta
21st Floor
Prince's Building
HONG KONG
FROM
Private Secretary No 10
Telephone No. Ext.
Department
The Prime Minister has asked me to thank you for
your letter of 19 September about the growth of the
Hong Kong shipping fleet. Your estimate of the
expansion of the World-Wide Shipping Group is indeed
striking, and an example of successful enterprise
based on the British colony of Hong Kong.
As you know, officials of the British and Hong Kong
Governments have been discussing the setting up of
a new shipping register which would enable you and
other Hong Kong shipowners to transfer a substantial
proportion of your tonnage to Hong Kong. You will
also know that a UK team will shortly be going to
Hong Kong to examine in detail the conditions which
might apply to such a register. The Prime Minister
look forward to hearing the outcome of this
study.