19 February 1991
Martin Howard Esq
Sec (0) (C)
Ministry of Defence Main Building
Whitehall
London
SW1
SECRET
HKB 063/1
Foreign & Commonwealth
Office
London SWIA 2AH
Telephone: 071-
Dear Martin,
HONG KONG: PATROL CRAFT: COSTS
I have been most grateful for your helpful advice on the telephone about the financing of the naval patrol craft. But
1.
I must confess that I am still unclear about some of the details of the estimate is for the period 1992-1997.
2. I understand that there are two elements: on the running costs of the vessels the MOD's share of which is estimated at about £7.5 million and the revenue foregone if the vessels are sold in 1997 instead of 1992 - the MOD's share calculation of which is about £7 million. Is this correct?
-
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3. It would be very helpful if you could let us have a written breakdown of these costs. Mike Stone or I would be happy to talk to your financial people if this would help.
Youro Sincerely Alan Panc
A R Paul
Hong Kong Department
CH1BDH VAS
SECRET
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