DB1AGF
CONFIDENTIAL
MR RENTON'S VISIT TO HONG KONG (27-31 OCTOBER 1985)
6. UK/HONG KONG TRADE
Points to make in public
1. British companies very interested and active in Hong Kong market.
2. Hong Kong now UK's second largest market in Far East and eighteenth world wide. Hong Kong/UK trade still
increasing.
Points to make to Hong Kong Government officials
1.
Important that British companies are encouraged to remain active in Hong Kong market: particularly the major project sector, not only
only for commercial reasons but as
visible expression of UK's political and economic commitment. Understand British companies represented in
consortia short-listed for Second Harbour Crossing
project. Those involved have significant expertise to
offer.
2.
(Hong Kong Dollar Finance) Aware that Hong Kong Government usually requires bids for major public sector
projects to be submitted in Hong kong Dollars.
Government export credit for UK exporters is subject to Treasury guidelines on wide range of non-standard currencies (including Hong Kong dollar).
subject, but Government departments here
reviewing these guidelines.
Complex
are
now
CONFIDENTIAL
}