TNAG-0249-FCO40-285-Effect-of-entry-of-UK-into-EEC-on-exports-from-Hong-Kong-1970 — Page 152

CONFIDENTIAL

ANNEX

HONG KONG: ESTIMATED BALANCE OF PAYMENTS

1969

CURRENT ACCOUNT

Imports

Exports

Invisibles (net)

CURRENT ACCOUNT BALANCE

£ Million

- 951

916

119

84

BALANCE OF LONG-TERM CAPITAL

7

BALANCE OF CURRENT AND

LONG-TERM CAPITAL

BALANCING ITEM

CHANGE IN RESERVES

(increase)

91

26

117

Source: Paper for Working Party on World Economic

Prospects, dated June 1970