CONFIDENTIAL
FM HONG KONG
TO IMMEDIATE FCO
TELNO 1663
OF 24100OZ MAY 90
CONFIDENTIAL
150515
MDHIAN 1996
FOR STONE, HKD FROM SHIPLEY, CSB
:
YOUR TELNO 1020 MP'S LETTER: MATTERS OF CONCERN TO AECS.
1. IT IS UP TO YOU IF YOU WISH TO PURSUE THE QUESTION OF THE COMPARATIVE VALUE OF HONG KONG AND UK PENSIONS. WE THINK IT IS IRRELEVANT IN THE CONTEXT OF MAINTAINING THE STERLING VALUE OF PENSIONS. THE FACT THAT HONG KONG PENSIONS MAY BE HIGHER THAN UK PENSIONS IN ABSOLUTE TERMS SURELY DOES NOT MEAN THAT THEIR VALUE SHOULD NOT BE MAINTAINED IN THE SAME MANNER AS OTHER HMOCS PENSIONS IN THE LONGER TERM. WE THEREFORE BELIEVE THIS POINT WILL LEAD TO FURTHER CORRESPONDENCE WITH OSPA BUT AS WE HAVE SAID IT IS UP TO
Yes it does. IF they are earning they will
a footing, YOU IF YOU WISH TO GO DOWN THIS PATH.
ndr get the quarantan.7
2. WE REGRET MISSING THE DESKBY BUT SHIPLEY HAD SIGHT OF YOUR TUR
T 240845Z.
WILSON
YYYY
ΜΑΙΝ
14
MINIMAL
ADDITIONAL
1
MR FISH, ODA, PENSIONS
N N N N
DISTRIBUTION
15
HKD
PAGE 1 CONFIDENTIAL