9.

機密

CONFIDENTIAL #2

5

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Mr. Nott then enquired about competition from Japan.

The Chairman said that bilateral trade between Hong Kong and

Japan was 1 to 8 in Japan's favour. He hoped that the establishment of the Hong Kong/Japan Business Co-operation Committee would help to improve Hong Kong's exports to Japan.

10.

The Chairman thanked Mr. Nott for attending the meeting. After Mr. Nott returned the courtesies, the meeting was adjourned.

11 March 1980

CONFIRMED

CHAIRMAN

Date of Confirmation

CONFIDENTIAL

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