TNAG-0207-FCO40-243-Construction-of-a-cross-harbour-tunnel--under-Hong-Kong-harb-1969 — Page 118

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CYPHER/CAT A

PRIORITY HONG KONG

TELEGRAM NO. 203

CONFIDENTIAL

TO FOREIGN AND COMMONWEALTH OFFICE

5 MARCH 1969

CONFIDENTIAL

PERSONAL FOR LORD SHEPHERD FROM GOVERNOR,

79

MY TELEGRAM 194: CROSS HARBOUR TUNNEL.

н

THEY SAY THAT THEY HAVE

IT SEEMS UNLIKELY THAT ANY EARLY DECISION WILL BE TAKEN BY

HONG KONG BANK ABOUT PARTICIPATION.

STRONG OBJECTION TO GIVING ANY FORM OF GUARANTEE AS SHAREHOLDERS

AND WILL HAVE GREAT DIFFICULTY WITH THE CONCEPT OF A GUARANTEE

LIMITED TO THE BANK QUOTE AS A HONG KONG ENTITY UNQUOTE. IF

ECGD HAVE ATTEMPTED TO DRAFT A GUARANTEE PUTTING THIS CONCEPT

INTO LEGAL LANGUAGE, IT WOULD BE USEFUL IF I COULD HAVE A COPY.

SIR D. TRENCH

FILES

HONG KONG DEPT.

FAR EASTERN DEPT.

F.P. & A.D.

WESTERN EUROPEAN DEPT.

EXPORT PROMOTION DEPT.

SIR A. GALSWORTHY

MR. MORGAN

P.S. TO LORD SHEPHERD

XXXXX

RECEIVED IN ARCHIVES Ne.31

1909

HKK 244

Como sent to

CONFIDENTIAL

LAST

REF.

NEXT

REE.

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ECCO botteill

Tols

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