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146225 MDHIAN 5806
ABLE TO ATTAIN THIS OPTION, BUT NOR IS IT NECESSARY TO ABANDON IT AT THIS STAGE. IT IS MORE IMPORTANT TO FIND OUT CHINESE VIEWS ON THE QUESTION OF THE BERLIN MODEL IN ORDER TO SECURE PROPER RECOGNITION OF HONG KONG'S ROLE AT THE 1997 MEETINGS. WHEN THIS QUESTION HAS BEEN RESOLVED, WE COULD THEN CONSIDER RAISING WITH THE CHINESE THE QUESTION OF WHO SHOULD ISSUE THE FORMAL INVITATION. AGREEMENT FROM THE CHINESE WOULD BE AN ADDED BONUS BUT ASSUMING THAT THE OTHER ARRANGEMENTS ARE ACCEPTABLE, WE WOULD BE CONTENT WITH ANY OF THE OTHER THREE OPTIONS, ALL OF WHICH DISPLAY PRACTICAL CO-OPERATION. WE ARE SEEKING EXCO'S ADVICE ON THIS POINT AND SUGGEST THAT UKDEL IMF/IBRD HOLD OFF ACTION ON THIS FOR THE TIME BEING.
5. UKREP JLG CONCURS.
WILSON
YYYY
ΜΑΙΝ
MONETARY
.ERD [-]
HKD
FED
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145
DISTRIBUTION
145
SIR J COLES
MR BURNS
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