CODE 18-77
Mr R Young
CONFIDENTIAL
Head of Emergency Unit
IRAQ/KUWAIT SANCTIONS
Reference..
HKB OZO / 26
94
SFCEIVED A
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24 AUG 1990
DES
INDEX
DEPENDENT TERRITORIES
1. Notwithstanding our useful meeting last Wednesday 15th to discuss sanctions measures in the dependent territories, I am still not satisfied that we have taken adequate account of the needs of the dependent territories. If sanctions
busting takes place in our dependent territories it is the UK who will be called upon to answer internationally, not the local governments. We must ensure that the measures adopted are working effectively.
2.
Two particular points concern me:
(a) the need to move quickly to close the Bermuda gap over assets freezing legislation (c/f Hamilton Tels Nos 131 and 133). Although Mr Chamberlain assures us that the extension of the Caribbean DTs legislation to Bermuda can be made retrospectively, the present uncertain situation is causing much concern to the Bermuda Government and to the Bank of England. We have also received enquiries from the public on why Bermuda is a special case. We must therefore enact this extension through Order in Council quickly, i.e. this week.
For
(b) although the Emergency Unit undertook to be the link between the dependent territories and the DTI/B of E for licence referrals, this is not working satisfactorily. example, the Caymans still await a response to their application request made on 13 August. Such referrals rightly come low in the Emergency Unit's priorities. I suggest that the geographical departments act as the liaison point, keeping the Emergency Unit informed as necessary.
P A Penfold
WH MZ 37
270 2699
20 August 1990
CC:
Mr A Burns
Miss G Evans, UND
Mr K Chamberlain, Legal Advisers
Miss J Bulloch, International Division, Bank of England Mr M Coolihan, Export Licensing Division, DTI
Mr D Pearey, SED
Mr T Furness, HKD ✔
Mr P Innes, FID
Miss P Walsh, SPD
CONFIDENTIAL