29 January 1991

FM Watson Esq Crosswinds

24 Budworth Road Oxton

Birkenhead

Merseyside

L43 9TW

HKB 23312.

DROIT

Foreign & Commonwealth

Office

д

London SW1 2AH

Dear Mr Watson,

Thank you for your letter of 17 December 1990 to Lord Caithness about HMOCS pensions and SPOS arrangements.

Lord Caithness appreciates the concerns of HMOCS pensioners about fluctuating exchange rates. He has also taken careful note of your comments about the SPOS arrangements.

These matters are the subject of discussions between the relevant Departments of the British and Hong Kong Governments. At present, however, we have nothing to add to our earlier statements on these matters.

Yours Sincerely Alan Paul

A R Paul

Head of Hong Kong Department

WINAIJ/CC

2

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