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3.
The
Mr Burns has forwarded his opposite number in the Treasury that we are changing our approach in this way. Treasury made clear that in addition to considering the principle at Ministerial level, we will need to discuss at official level the actual details of the package elements of which do need to be carefully prepared. The two exercises can proceed in parallel.
4.
some
We believe it is important for Lord Caithness to be able to say something on this issue when he visits Hong Kong early in March. Together with the draft letter to the Chief Secretary is therefore a draft statement on Hong Kong HMOCS for Lord Caithness to make in Hong Kong. This includes a holding line on the sterling safeguards issues.
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Befchetts
PF Ricketts