M

funds,

Saying

tel

Cov

RESTRICTED

Thank

Ұ

Our view too. See sep. (qu)

syake to my davies

Shard not objection,

to the Sublance of the draft (although I felt its tome could be unpired HHB bill Somewhat) MB3.

Mr I Davies

til

270/2957

Far Eastern Department

FCO, Room WH233

нивы

Reference #

From: MRS J C RADICE

Date: 27 MARCH 1992

CC

Mr R Bunten, Hong

(19

Kong Dept. FCO

Room WH305

with enclosure

& to Miss Waterman

NORTH KOREA: OBSERVER STATUS AT 1992 ASIAN DEVELOPMENT BANK ANNUAL MEETING IN HONG KONG

1.

I attach a suggested draft reply to Hong Kong telegram no.862.

2.

You will note that I have drawn on your minute of 7 February. I have not however included the information about debts owed to two banking syndicates headed by Morgan Grenfell and ANZ, since this information does not seem to be relevant to the present discussion. As you know, I consider that Hong Kong has little or no locus standi in the matter of observers at the ASDB annual meeting; I have included this point in the draft telegraph.

3.

I should welcome your advice on the distribution of my telegram. Is it really necessary to give it such a wide distribution as that which was given to Hong Kong telegram no.862?

4. If I am not available when you telephone your comments, please give them to Valerie Waterman (3535 0146).

Jenniflasie

19

Mrs J C Radice

International Financial Institutions Department V708 94 Victoria St.

Extn: 3535 0260

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