T&T m are grateful for all that you have done and i nope that we are closer to resolution of the present difficulties.

Mi

Yours sincerely,

Севка

(James H. Lau Jr.)

Head, Monetary Policy Division

c.c. Mr. John Cunliffe (HM Treasury) Fax: 44 71 270 5653

Mr. K. Tebbit (FCO)

} Fax: 44 71 270 3387

Mr. P. Ricketts (FCO) Mr. Nigel Whitney (FCO) }

TOTAL P.03

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