RESTRICTED

-2-

tighter control will be exercised over the use of foreign exchange and that such funds as are available will be channelled into the export orientated industries. It was not mentioned specifically that restrictions on imports of consumer goods would be applied, but this does seem a consequences of the new export orientation.

།ང་ལོ ་་་་

CC:

PUSD, FCO

P Clark Esq, RD (FE), FCO

DG Martin Esq, Cabinet Office

RP Margolis Esq, DPA, Hong Kong

BTC, Hong Kong

NR Sallnow-Smith Esq, Treasury

NO Hallett Esq, ESID, FCO

C Cruickshank Esq, OT2., DTI

J Garrett Esq, DELI, MOD

بنا

RF Wye

RESTRICTED

Page 90Page 91

Share This Page