CONFIDENTIAL
DIEU-ET
The FS
for this project. We consider this to be very unlikely. Japan has been very ready in the OECD discussions to accept a ban on associated financing to richer markets and there is no history of Japanese concessional assistance to Hong Kong.
A at the meeting
One aspect we did not address when we met on
26 April was ECGD cover. LI do not want to go into this in detail now, but it will be important that if British companies win large contracts in the airport scheme, there should be adequate FCGD cover. I may need to revert to this nearer the time.
I am copying this letter to Jeremy Heywood (HM Treasury), Martin Stanley (DTI), Suma Chakrabarti (ODA) and Sonia Phippard (Cabinet Office).
J S Wall Esq
10 Downing Street
CONFIDENTIAL
(S L Gass)
Private Secretary