their sensitivities. We certainly want to see a good exchange on relevant issues as you note but, while mindful of the longer term concern you raise, I can also see drawbacks in forcing the pace too much. The Briefing Note as it stands looks to be a sensible point of departure.

ever

Yours

H

Сил

T I Hay-Campbell

delt

Economic Relations Department

CC: L Bristow Esq, FED

M Stone Esq, HKD

T Gooch Esq, EED

R Impey Esq, EEPD, DTI

A Powell Esq, SEAD

A Holder Esq, HMT

S Gibby Esq, ERD

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