GR- 230

IMMEDIATE

CYPIOR/CAT A

FM BTC HONG KONG 251003Z

RESTRICTED

RESTRICTED

HKK 16/1

REGALE

27 JAN 1973

DESK OFFICER

INDEX

PA

No

TO IMMEDIATE F.C.O TELNO.BTC 7 OF 25 JANUARY 78,

ärld

See

INFO IMMEDIATE DOT (CRE4), DOI (MACDONALD IC2) AND PEKING.

M.I.P.T.

ASIAN

1. THERE IS CONSIDERABLE LOCAL INTEREST IN THIS STORY.

WALL STREET JOURNAL HAVE TRIED TO GET ME TO CONFIRM OR DENY

EXISTENCE OF COMPREHENSIVE THREE WAY DEAL COVERING SALE OF U.K

POWER STATION TO CLP/ESSO, CHINESE COAL TO HONG KONG AND U.K

COAL MINING MACHINERY TO CHINA.

2. 1 HAVE TAKEN THE LINE THAT I DOUBT THE EXISTENCE OF ANY DEAL LINKING WHAT APPEAR TO BE THREE SEPARATE ISSUES. I OF COURSE CONFIRMED THE SALE OF THE FIRST STAGE OF THE POWER STATION TO CLP/ESSO. I SAID THAT THE QUESTION OF COAL PURCHASES FROM CHINA IS A MATTER FOR CLP/ESSO BUT I COULD CONFIRM THAT CHINA HAD INDICATED A WILLINGNESS TO CONSIDER SUPPLY (SEE YOUR INDUS 23 OF 19 JANUARY), I SAID THAT I WAS UNABLE TO COMMENT ON REPORT OF U.K SALES OF COAL MINING MACHINERY TO CHINA ALTHOUGH WE HAD SOLD SUCH EQUIPMENT IN THE PAST AND WERE IN A GOOD POSITION TO MEET ANY

NEW CHINESE REQUIREMENTS IN THIS SPHERE.

3. GRATEFUL URGENT BRIEFING ON BACKGROUND TO THE A.P STORY.

MARCH

FILES

FED

TRED

FRD

ECON D

HK & GD

OID

NEWS D

MR.CORTAZZI MR.MURRAY MR. THOMAS

RESTRICTED

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