TNAG-0171-FCO40-207-Effect-of-UK-s-economic-measures-on-exports-from-Hong-Kong-1969 — Page 103

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

created by the operation of this scheme, but we shall, of course, do our best to contribute to the solution of any such problems, as they arise.

5. I should be grateful to have from you as soon as possible your assessment of the impact of these Import Deposits on your trade with the United Kingdom. It is difficult at this stage to know to what extent, if any, the flow of goods will be affected. You will have heard from your London Office that the Bank of England has been notifying authorised banks about the effects on the Import Deposit Scheme of existing Exchange Control arrangements. Only when these become clearer shall we know how heavily these measures are likely to bear upon your export trade to this country. We shall address you further as necessary.

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