PP HONG KONG
GRS 530
CONFIDENTIAL
FM FCO 121342Z MARCH 85
TO PRIORITY HONG KONG
CONFIDENTIAL
TELEGRAM NUMBER 394 OF 12 MARCH 1985
INFO PRIORITY UKMIS GENEVA
Kukk 040
RECEIVED ::
DRAK
13 1983
INFO ROUTINE PEKING, WASHINGTON, BRUSSELS
YOUR TELNOS 294 AND 449: HONG KONG'S FUTURE POSITION IN THE GATT
AND CCC
IS
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1. WE REGRET THE DELAY IN REPLYING TO THE QUESTIONS IN PARA 2 O
YOUR FIRST TUR. DTI NOW TELL US THAT THE HONG KONG SECTION IN
UKMIS GENEVA IS CALCULATING WHAT HONG KONG WOULD BE EXPECTED TO
CONTRIBUTE TO THE GATT IN 1985 IF IT WERE ALREADY A SEPARATE
CONTRACTING PARTY, BASED ON HONG KONG'S SHARE OF WORLD TRADE (OUR
TELNO 915 OF 21 MAY 1984 REFERS). GRATEFUL IF GENEVA COULD
REPORT ON THIS AS SOON AS POSSIBLE.
2.
CONTRIBUTIONS TO THE CCC ARE BASED ON MEMBERS' CONTRIBUTIONS
TO THE UN WHICH IN TURN ARE BASED ON GNP, ETC. THERE IS A
MINIMUM CONTRIBUTION PAYABLE BY EACH CONTRACTING PARTY OF 0.2 PE
CENT OF THE CCC'S ANNUAL BUDGET. THIS MINIMUM IS PAID BY
SINGAPORE AND SOUTH KOREA AND WE WOULD ASSUME THAT HONG KONG'S
CONTRIBUTION WOULD BE OF THE SAME ORDER. IN 1983/84 THIS CAME T
BELGIAN FRANCS 544,580 (ABOUT POUNDS STERLING 7,670
AT TODAYS EXCHANGE RATE),
THE UK PAID 5.53 PER CENT OF THE BUDGET IN 1984/85 WHICH CAME TO
POUNDS STERLING 207,000.
3. WE ARE CURRENTLY CONSIDERING THE PAPERS ON GATT AND THE CCC
INCLUDED WITH OTHER PAPERS ON HONG KONG'S PARTICIPATION IN
INTERNATIONAL AGREEMENTS AND ARRANGEMENTS ATTACHED TO DAVIES'
LETTER OF 26 NOVEMBER TO GALSWORTHY. WE SHALL LET YOU HAVE OUR
COMMENTS ON THESE PAPERS AS SOON AS POSSIBLE.
4. AS YOU SAY, THE QUESTION OF HONG KONG'S PARTICIPATION IN THE
GATT AND SPECIFICALLY THE MATTER OF UK AND CHINESE DECLARATIONS
IN HONG KONG'S FAVOUR (ON WHICH OUR THINKING WAS SET OUT IN OUR
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CONFIDENTIAL
کا
See
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