CONFIDENTIAL
Kong. The Prime Minister could refer to the momentum
generated by the Hong Kong agreement (although she will
not wish to imply that trade opportunities are
in any
direct way the result of the agreement). She could also
touch on non-Hong Kong mechanisms such as the bilateral
Economic Cooperation Agreement (to be renewed in 1985)
and the Investment Protection and Promotion Agreement (on
which negotiations began this month);
ii)
intrinsic scope for more trade: the match between
Chiense economic priorities (energy, transport,
communications, natural resources, agriculture) and
British expertise emphasis on quality (a British strong
point) as being as important as price (on which the
Chiense have some times criticised us);
iii) a proposal (on which the DTI are currently working)
for a major commercial visit in early 1985 by a
delegation of senior British businessmen, led perhaps by
a Minister, to pursue opportunities in specific projects
and sectors; the need for careful preparation;
iv) brief discussions of specific projects and areas.
The Prime Minister will wish to mention the Guangdong
Nuclear Project. (The situation on this is developing
rapidly and the right points to take up during the visit
will not be clear until shortly before the Prime Minister
departs. We therefore envisage that briefing be in the
form of a separate self-contained Annex to the main trade
brief). The DTI will identify other suitable projects.
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