CONFIDENTIAL
163231
MDHIAN
5. WE NEED QUICK DECISIONS. THE LONGER THE IVORY TRADERS GO ON IN THE BELIEF, HOWEVER MISTAKEN, THAT THEIR INTERESTS WILL BE PRESERVED BY EITHER AN INTERNATIONAL BUY-OUT OR A LENGTHY PERIOD OF RESERVATION THE MORE THEY CAN LEGITIMATELY CLAIM SYMPATHY AND SUPPORT FOR COMPENSATION DEMANDS WHEN THE SHUTTER FINALLY COMES DOWN. IF AN INTERNATIONAL BUY-OUT IS A NON-STARTER, AS SEEMS TO BE THE CASE FROM PRELIMINARY REACTIONS SO FAR, THEN THE SOONER THIS IS MADE (LEAR TO THE IVORY TRADERS THE BETTER. SIMILARLY, WE NEED TO BE CLEAR VERY SOON WHETHER A RESERVATION WILL BE ENTERED ON HONG KONG'S BEHALF OR WHETHER THERE IS SOME INSUPERABLE OBSTACLE FOR REASONS WHICH ARE
NOT YET APPARENT HERE.
WILSON
YYYY
DISTRIBUTION
45
ΜΑΙΝ
45
LIMITED
HKD
MAED
NEWS DEPT
PS
PS/MRS CHALKER
PS/MR WALDEGRAVE
PS/MR MAUDE PS/PUS
MR BAYNE
MR GILLMORE
MR SLATER
MR MCLAREN
NNNN
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CONFIDENTIAL