Els can you check on &
Mr Richett
afi-
CONFIDENTIAL
Milly they
Yesterice Mach 15
There told ERD who take the lead on
BP 1215
041640
MDADAN 6703
fuct the Exchange Find
OF 070945Z MAY 93
proposal. It is not chew whether they AND TO UKDEL WASHINGTON, PEKING intend to partne
CONFIDENTIAL
FM HONG KONG
TO IMMEDIATE FCO and minutes. Wht and TELNO 703
ADVANCE COBY
it
this that we are content. You many
haverer like to be the attached Exlo reper-
not tell us or undep
н
White
Wid Letter
His
di
gmen
Dow's movie
ि
CORRECTED VERSION: RARA 3(B) READ FC/FC NOT FCO. APOLOGIES.
WASHINGTON: FOR IMF/IBRD
Are the Chinese om He EFAC yet?
I Kink we might mite on eye brow Hat
We were not consulted about His idea, alvel has IMF/IBRD 1997 ANNUAL MEETINGS: MYTEL MISC 6 OF 14 APRIL 93.
Obvious Chine sensitivities
1. FURTHER TO PARA 2 OF TUR, EXCO AGREED ON 27 APRIL THAT APPROVAL BE GIVEN FOR A FORMAL APPLICATION TO BE MADE FOR THE 1997 MEETINGS TO BE HELD IN HONG KONG, SUBJECT TO THE ACCEPTANCE OF THE FINANCIAL COMMITMENTS BY THE FINANCE COMMITTEE (FC) OF THE LEGISLATIVE COUNCIL.
2.
THE PASSAGE THROUGH FC MIGHT BE A ROUGH ONE BECAUSE THE COST OF THE MEETINGS TO HONG KONG IS SUBSTANTIAL AND IT IS DIFFICULT AT THIS STAGE TO GIVE A MEANINGFUL ESTIMATE OF THE COST TO QUANTIFY THE FINANCIAL COMMITMENTS THAT WE SEEK FROM THE FC. WE WILL SHORTLY BE BRIEFING FC MEMBERS BEFOREHAND TO SEEK SUPPORT FOR OUR REQUEST AND WE INTEND THAT OUR FORMAL SUBMISSION TO THE FCO BE DISCUSSED IN EARLY JUNE. WE AIM TO REVERT TO THE BANK/FUND WITH A CLEAR POSITION BEFORE THIS YEAR'S ANNUAL MEETINGS IN SEPTEMBER.
3.
WE HAVE UNDERTAKEN TO KEEP THE CHINESE SIDE OF THE JLG ABREAST OF DEVELOPMENTS. WE WILL THEREFORE NEED TO UPDATE THEM BEFORE OUR FC SUBMISSION GOES PUBLIC. WE SUGGEST THAT UKREP JLG AND UKDEL IMF/IBRD SHOULD TAKE ACTION IN PARALLEL TO INFORM THEIR RESPECTIVE COUNTERPARTS. THE MOST APPROPRIATE OPPORTUNITY TO INFORM THE CHINESE SIDE HERE WILL BE AT ONE OF OUR REGULAR WEEKLY MEETINGS OF THE JLG. THE NEXT SUCH MEETING WILL TAKE PLACE ON 13 MAY. (FOR UKDEL IMF/IBRD WASHINGTON: IF THIS IS CONVENIENT, GRATEFUL FOR CONFIRMATION THAT YOU CAN TAKE ACTION AT ABOUT THE SAME TIME). WE PROPOSE USING THE FOLLOWING WITH THE CHINESE SIDE:
(A) EXCO HAS GIVEN APPROVAL THAT A FORMAL APPLICATIONS BE MADE FOR THE 1997 MEETINGS TO BE HELD IN HONG KONG, SUBJECT TO
PAGE 1 CONFIDENTIAL
Mr Weichnen
I'd still like a tel to go authorising this ciction.
11 for us to
vi
to instrual Hese Missions not Hory kang!
goer from us
Don't mind if it popr
er CRO
pa
&ids
10/1