DEPARTMENT OF INDUSTRY

IMTADION

156

Ashdown House

123 Victoria Street

London SW1E 6RB

Telex 8813148 DINO G

ра

Telegrams Advantage London SW1

Telephone Direct Line 01-212

Switchboard 01-212 7676

RA Ranson Esq

Export Credits Guarantee

Department

10 Box 272

Albermanbury House

Aldermanbury

London EC2P 2EL

Dear Richard

GUANGDONG

Your reference

Our reference

Date

6

November 1981

HICK

16611

ལྟ་མ་མས་

PE REGISTAY NO. 51

12 NOV 1981

DESK OFFK

INDEX

10.

Seelso

PA

Pavon Taken

Pas 12/11

This is to confirm that a meeting will be held at 09.30 on 9 November in Room 902 here to discuss the second draft (attached) of the submission to Ministers on the financial aspects of the Guangdong project.

The essential purpose will be to decide whether or not to proceed with a submission during the course of next week and thereby to be in a position to make an offer under the prevailing Consensus interest rate of 72% prior to 16 November.

This letter is copied with its enclosure to Mike Hawtin (Treasury), Bob Adams (Treasury), Alan Paul (FED-FCO), Martin Roberts (JNU-FCO), Alan Friar (HKG- FCO), Roger Allen (CRE) and Geoffrey Stevens (D En). It is also copied together with reactions to the first draft to Chris Benjamin (PEP) and Patrick Hogdson (PEP). All are invited to attend.

Yours sincerely G.Ponte

for Keith Newton

CONFIDENTIAL

CC Mr Manzie

Mr Havelock or

V3391

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