1377
NO
CONFIDENTIAL
*AMENDED COPY & AMENDED DISTRIBUTION
CYPHER/CAT A
PRIORITY BRUSSELS TO HONG KONG
TELNO 16 27 FEBRUARY, 1969
CONFIDENTIAL
PA pl.
7/12/3/480,
(28 FEBRUARY, 1969)
TOP COPY
*[NEUTRAL]*
*ADDRESSED TO HONG KONG TELEGRAM NO.16 OF 27 FEBRUARY,
REPEATED FOR INFORMATION TO FCO AND HONG KONG GOVERNMENT LONDON OFFI CE*
FROM DODGE.
COTTON TEXTILES TO BENELUX
22
"YOUR TELEGRAM NO.9. IN THE ABSENCE OF VERHAGEN ABROAD I HAVE CONVEYED YOUR REACTIONS TO KOOPS. THE LATTER'S PERSONAL INITIAL RESPONSE CENTRED ROUND PROBLEMS INVOLVED IN YOUR SUGGESTED ADMINISTRATION OF RELEASE OF TWO SETS OF RESERVES UNDER SAME,
IT SEEMS TO BE VERY IMPORTANT TO THE ALBEIT TWO-PHASE, SCHEME
BENELUX TO KEEP SEPARATE THE SPECIFIC IMPORTS ARISING FROM THE ARTICLE 3 AND ARTICLE & RESTRICTIONS.
2. ASSUMING YOU HAD IN MIND TWO EQUAL TRANCHES FOR THE SYNCHRONISED TWO PHASE SCHEME, I THINK WE SHOULD CONCEDE THIS PARTICULAR POINT TO THE BENELUX AS I AM HOPEFUL THAT THE OFFER OF THE FIRST PHASE RELEASE OF THE CURRENT RESERVES WILL BE WELL OVER 50% OF THE TOTAL. KOOPS ASSURED ME THAT HE WAS PRESSING ON HIS SIDE FOR 1906 RELEASE,
3. QUANTITIES IN THE CURRENT RESERVES ARE MATURALLY MUCH GREATER THAN ANY POSSIBLE BONUS TO BE OFFERED IN RESPECT OF THE 1967 RESERVES AND IT SEEMS IN OUR BEST INTERESTS TO KEEP THE TWO ISSUES SEPARATE IF THIS MEANS SO MUCH TO THE BENELUX, I HOPE TO GET VERHAGEN'S OWN RESPONSE EARLY NEXT WEEK. PLEASE THEREFORE ADVISE AT ONCE IF KCOPS COMMENTS IN ANY WAY ALTER YOUR VIEWS.
FCC PLEASE PASS PRIORITY TO GOVERNOR HONG KONG AS MY TELEGRAM NO.16 OF 27 FEBRUARY.
L
MR. DRINKALL
[REPEATED AS REQUESTED]
[COPY PASSED TO HONG KONG GOVERNMENT
INTERNATIONAL TRADE
H.K.D. T.P.D.
DISTRIBUTION ION
W.E.D.
RECEIVED WI ARCHIVES No.31 -3 MAR 1969
OPPION
BY A.D.R. COMMS DEPT. 46/504/
HKKG
CONFIDENTIAL
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