RESTRICTED
institutional/political worries from either the Chinese or the rest of the OECD membership. A more substantial though still informal relationship would not only help HK understand how the Organisation worked but also allow HK to get its liberal views across to the full spectrum of OECD opinion. Full-blown membership would clearly remain taboo for some while to come, perhaps for good. But that was no reason not to explore some pragmatic avenues for thickening up HK's contacts with the Organisation in certain key areas eg the Trade Committee, the Committee on Financial Markets, the Committee on International Investment and Multinational Enterprises, the Committee on Competition Law and Policy. HK might like to think further about this; in the meantime, we stood ready to advise on practical and procedural aspects (the Ambassador handed our visitors a copy of "Activities in the OECD in 1989" which summarises the chief areas of work last year and lists the main OECD committees and their chairmen).
5. We left matters there; no doubt we will be able to pursue some of these ideas further in the margins of the Governor's visit on 16 October.
сс
Jours
L
H L1 Davies Esq FED A Paul Esq HKD
270690R3.doc
RESTRICTED
Rober
RA E Gordon