HOFO 037/3
PP DT I
GR 170
CYPHER CAT A
• Averythill 87711 Thapsen
in
m
Joeles
Акк Ilex 160+
RAYED & NEC DAY NO.
INDEX
No
FM BTC HONG KONG 031022Z
CONFIDENTIAL
8 NOV 17:
leo Take.
X
of
23+
(2:33)
2339
NO DISTRIBUTION
TO PRIORITY D T I TELNO CREDA 252 OF 3 NOVEMBER.
FOR MACDONALD I C 2.
TOPAZ TOT
R Kizg
HKXBX tabs
TREA (2) PUSD (2)
SIR LAWRENCE KADOORIE TELLS ME THAT THERE HAVE BEEN PRELIMINARY DISCUSSIONS ON OUR PACKAGE BY THE CLP/PEPCO BOARD. THREE POINTS HAVE EMERGED:-
(A) THE EXTRA COST TO CLP DUE TO THE STRENGTHENING POUND.
(B) THE BRITISH ATTITUDE ON THE TEXTILE NEGOTIATIONS IN BRUSSELS. (C) MR KAUFMAN'S PUBLICITY FOR THE SUBSIDY AVAILABLE TO SUPPORT
BRITISH SHIPBUILDERS.
2. (A) AND (B) ARE OF COURSE WELL KNOW STICKING POINTS FOR VARIOUS MEMBERS OF THE BOARD BUT I WOULD BE GRATEFUL FOR THE LINE TO TAKE WITH THOSE WHO ARGUE THAT IF BRITAIN CAN SUBSIDISE SHIPS IT CAN SUBSIDISE POWER GENERATION EQUIPMENT. I HAVE TOLD SIR LAWRENCE THAT THE FUND DESCRIBED BY THE MINISTER IS A SPECIAL FACILITY APPROVED BY ACT OF PARLIAMENT AND MADE AVAILABLE FOR A NATIONALISED INDUSTRY. BUT I WOULD BE GRATEFUL FOR FULL GUIDANCE ON THE SPECIAL NATURE OF THE SHIPBUILDING INTERVENTION FUND.
MARCH
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