Supply of water from China beyond 1994/95 Negotiations in Hong Kong, May 1989
Negotiating Brief
1.
Advance
(a)
Size
The
(b)
ANNEX
total amount of the advance required is understood to be RMB 500 million (HK$1053 million). We will offer HK$1000 million but will be prepared to offer a maximum of HK$ 1250 million (approximately RMB 600 million).
Currency
The advance will be denominated in HK
dollars, as will interest charges and
repayments.
(c) Payment
Instalments to be paid according to a pre-arranged timetable. Discussion should
on the basis of the following, but with some flexibility to manouver
be
30% July 1989
24% July 1990
24% July 1991
22% July 1992