___HKK 164/1.
RESERVE
13 JUN 1978
+
کھے
143
00
KÒNG
DO HONG KONG
GR 95
DESKBY 09233OZ
CYPHER CAT A
FM D T 1 091820Z
CONFIDENTIAL
DESKBY 09233OZ
INDEX
No
нка
TRED() Puri (2)
TO IMMEDIATE B T C HONG KONG TELNO CREDA 80 OF 9 JUNE.
TO MARCH TROM HAVELOCK, EPT, DOI
139 YOUR INDUS 63 OF 8 JUNE REFERS,
THE OFFER FOR UNITS 1 AND 2 INCLUDED INSURANCE PREMIUMS FOR CREDIT RISKS AND COST ESCALATION.
THE FINANCIAL PROPOSALS SUBMITTED BY DOI AND THE CONTRACTUAL TERMS AS BETWEEN KESCO AND GEC (ATTACHMENT 5, PAGE 5.1 OF CONTRACT) SPECIFICALLY STATED THAT THE PRICES FOR THE OPTIONAL UNITS 3 AND 4 EXCLUDE THE COST OF PROVIDING FINANCE AND COST ESCALATION COVER. TO HAVE DONE SO WOULD HAVE RESULTED IN THE BUYER BEING REQUIRED TO PAY THE ECGD PREMIUM AND COMMISSION TO LENDING DANKS AT THAT TIME.
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