SECRET : STAFF IN CONFIDENCE
NA
3
7. On 18 September, Sir Y K wrote to the Prime Minister with copy
of his speech at the Caracas Conference of the International
Chamber of Commerce. This dealt largely with the importance of
collaborative ventures in shipping, but did mention the desirability
dideme
of separate Hong Kong register. In speech Sir Y K also called for end
to politicisation of shipping issued. His call (with which HMG
agree) endorsed by final declaration of Caracas Conference.
SHIPBUILDING
8.
Since 1960s, Sir Y K's company has obtained majority of new
vessels from Japanese yards. However, in January 1981, Sir Y K
placed £23 million order for general cargo vessels with British
Shipbuilders' subsidiary Austin and Pickersgill - his first order
in UK for some time. Intervention fund grants enabled Austin
and Pickersgill to quote competitive pice. Vessels due for
delivery in 1982.
Hong Kong and General Department Foreign and Commonwealth Office
16 December 1981
SECRET : STAFF IN CONFIDENCE