Continuation Sheet No.
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# We
taking the opportunity to discurs China Light and Power's position with Mr Stones while he is in the UK, but there are obnourly withes that you will need to consider before meeting the Chimere.
With this in mind, and in particular to give you and your
File No.
Executive Committee the chance to consider your position, I would like to sveggest that
1
propose to come to Hong Kong with Alan Havelock well in advance
propose |
of the tripartite discussions to clear the ground with you,
with China Light and Power, and with any other interests
you think may be usefully involved. At present, we would
envisage leaving London on 4 or 5 January and possibly
believe staying in Hong Kong for about a week.VI understand this
would leave time for the Executive Committee to consider any
issues which required decision before the talks with the
Could you let me know if this
Chinese began and I would appreciate your comments on
would be convement?
this:proposal.
Unfortunately, this will coincide with Peter Be visit, but we are operatin under a difficult time constraint, and
Several areas which emerged from the talks with Li Peng as
being of special current interest to the
will,
Chinese
I am sure, need to be carefully considered by the
Hong Kong Government While the negotiation of an eventual offtake agree-
ment for the power produced by the nuclear station is
primarily a matter for CLP and the Guangdong Power Company,
for Hong Kong
the implications of such an important cross-border link
suggest that the Hong Kong Government will need
to present a well-formed view in discussions with the Chinese.
The Chinese also focussed on the equity contributions for
it is evident that
the project. As things stand
informally proposed
and the offer of a 10% equity to the Guangdong Power Company t stake by China Light | does not meet Chinese expectations;
and additional investors will need to be sought in order to
Form SS 29A
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