226
PS 175
CYPHER CAT A
RESTRICTED
FM KUALA LUMPUR 230395Z
RESTRICTED
TO PRIORITY HONG KONG TELNO 11 OF 29 APRIL 1978
INFO FCO AND SINGAPORE
YOUR TELNO 523: AIR CARGO RATES
Relive
PA
- MAY 1978
DESK OFFICER
PA
INDEX
по
237
1. MALAYSIAN DCA ISSUED DIRECTIVE EFFECTIVE 1.2.78 STATING THAT
ALL SHIPMENTS TO MALAYSIA FROM EUROPE (TC2) AND FROM ASIA (OTHER
THAN POINTS WITHIN MALAYSIA) (TC3) ON QUOTE CHARGES COLLECT
PAYMENT UNQUOTE SHALL BE BASED ON THE LOCAL CURRENCY OF THE SHIPMENT'S ORIGINATING COUNTRY AS QUOTED ON THE AIR WAYBILL, CONVERTED TO MALAYSIAN DOLLARS AT THE BANKERS BUYING RATE.
2. DIRECTIVE ALSO STATED THAT ALL AIR WAYBILLS FOR SHIPMENTS ORIGINATING FROM MALAYSIA TO USA WILL BE QUOTED IN US DOLLARS, AND CONVERTED TO MALAYSIAN DOLLARS AT THE BANKERS BUYING RATE FOR
COLLECTION PURPOSES,
3. B A BELIEVE DIRECTIVE IS RESULT OF PRESSURE FROM CONSUMERS
ANNOYED AT BEING FORCED TO CONTINUE TO USE UNREALISTIC IATA STERLING RATE OF ONE POUND STERLING TO MALAYSIAN DOLXERS 7.3 (SEVEN POINT THREE), INSTEAD OF MALAYSIAN DOLLARS 4.5 (FOUR POINT FIVE). THERE IS LESS DISCREPENCY BETWEEN THE US DOLLAR RATES. B A DO NOT EXPECT ANY AIRLINE COMPLAINTS HERE. HEAVY CARGO DISCOUNTING ALGEADY TAKES PLACE HERE AND RATES COULD FALL EVEN FURTHER AS A RESULT OF THE NEW DIRECTIVE.
HAWLEY
FILES
MAED
HKIG D
FED
NAMO
MR BUTLER
MR BURROWS
MR MURRAY
[COPIES SENT
SENT TO
CAD[DOT]
RESTRICTED
:
;