TNAG-0098-FCO40-134-Construction-of-a-Cross-Harbour-Tunnel-1968 — Page 89

development. And, as you of course know, the steel involved (costing, I am told, about half the contract price) would be a useful boost to

British steel exports.

In all the circumstances I would ask that

the need for such stringent conditions for ECGD cover of the loan is given further and

careful examination.

Since Colonel Clague has indicated an intention of making a further approach to the P.M. I am sending a copy of this letter to the Prime Minister's office for information.

Michael Palban in the

By

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