CODE 18-77
Mr Smith
CONFIDENTIAL
ACONF
Reference........
Smit] Senior Economic Adviser, G 72 G
Mr P E Hall
-
FRD, G 60A/G
Mr Reith - CSAD
CSAD E 309
HONG KONG: INVESTMENT IN SOUTH AFRICAN STOCKS
separate copies sent
1. At the meeting of the Standing Committee of officials on Hong Kong on 7 February, at which Mr Smith and Mr Hall were present, it was agreed that Ministers should be informed of the Hong Kong Government's investments in South African stocks.
2.
I attach a draft submission based on Mr Smith's minutes of 25 and 26 January and 7 February, Mr Reid's minute of 28 January and Mr Hall's minute of 4 February (most, though not all, of which were copied to the Departments concerned). I should be grateful for urgent comments since Lord Goronwy Roberts should be aware of the matter before he leaves the office on 18 February for the Committee on Invisibles Meeting in Manila and, more specifically, thaccourse if the recommendation in the draft submission is accepted, Lord Goronwy Roberts himself would raise the matter with the Governor of Hong Kong when he passes through Hong Kong on 19 February.
10 February, 1977
Mr Milton (HKD)
RECEIVIN RESTR No. o
70 FEB 1977
102/1 HKK-70013
aited in
D.F. Meillon.
(D F MILTON)
Hong Kong Department
K 247 233 4381
¿
Please see my suggested amendments (in red) on your draft.
content with it.
11 February 1977
дома
Adrian Smith
Otherwise I am quite
Senior Economic Adviser G 72/G
8815
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