TNAG-0048-FCO40-84-Export-Credit-Insurance-Corporation-1968 — Page 39

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

(8635) Dd.033274 300m 10/66 G.W.B.Ltd. Gp.863

NOTHING TO BE WRITTEN IN THIS MARGIN

Registry No.

FIWB.6/20

DRAFT LETTER

To:-

Top Secret. Secret.

Confidential.

Restricted.

Unclassified.

Staff in Confidence.

The Hon: Gwynneth Dunwoody,

M.P.,

Parliamentary Under-Secretary,

Board of Trade.

13

Type 1 +

From

Telephone No. & Ext.

Department

You will recall the discussion at the Ministerial

Meeting on Hong Kong held on 22 September, of Hong

Kong's request that our overseas posts should supply

information to the recently established Hong Kong

Export Credit Guarantee Corporation. It was agreed

that I should discuss the proposal further during my

visit to Hong Kong in October, with a view to finding

out more about their requirements so that it might be

determined how far it was practicable and desirable to

meet them.

вел Е таке

BA

un slip]

During my discussion of this matter with the

Hong Kong authorities, they made the following points:

(i) All the Export Credit Insurance Corporation's

capital has been subscribed by the Government

which also guarantees the liabilities assumed

so that considerable sums of public money are

at risk.

(ii) While the Corporation and Government appreciate

that British overseas posts cannot be expected

to undertake special assignments as for

E.C.G.D. (such as the provision of credit

information on individual buyers), the

Corporation's work would be greatly

overinas, ostes could copy

to

facilitated if

Hong Kong frottoring

beapakit!

| (a)

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