DSK 11 (Revised)

DRAFT:

FROM:

CONFIDENTIAL

minute/letter/teleletter/despatch/note

TYPE: Draft/Final 1+

Secretary of State

DEPARTMENT:

TEL. NO:

Reference

SECURITY CLASSIFICATION

TO:

Your Reference

Top Secret

Secret

The Rt Hon John Nott MP Secretary of State for Trade

Copies to:

Confidential

Restricted

Unclassified

PRIVACY MARKING

.......In Confidence

CAVEAT.....

Enclosures-flag(s).......

SUBJECT:

VISIT TO THE FAR EAST

Thank you for your letter of 19 February...

Your visit to the Far East was most helpful for our

efforts to develop our overall and particularly

trading

-

-

relations with Korea, Hong Kong and Japan.

As for the nature of these relations I agree with your

main impressions. South Korea offers considerable potential for British industry and we must endeavour

to increase Ministerial contacts. Hong Kong

Japan is important to us politically as well as economically We must therefore seeka broader relationship while

"trying to overcome the difficulties which she presents

as a trading partner. I am sure that you are right when you say that the future of our economic relations

with Japan lies in the scope for industrial cooperation.

56-ST Dd 0532078 12/78 H+P!td Bly

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