TNAG-0306-FCO40-342-Equipment-for-technical-institutes-in-Hong-Kong-provision-of-1971 — Page 132

COUNCIL FOR

TRADE

being thrown back more and more on her own resources to maintain

her competitiveness and the access to the export markets she must

have.

7. It seems to me therefore a particularly appropriate time

for us to make a gesture which would give Hong Kong some practical

help with her economic problems as well as aiming to improve our

position as a supplier of the equipment she needs for her

development.

If we do not grasp the opportunity I have little

doubt the Japanese or someone else will do so.

8. I am sending copies of this minute to Richard Wood and

Anthony Royle.

DEPARTMENT OF TRADE AND INDUSTRY,

J.E.H.D.

1, VICTORIA STREET,

S.W.1.

15 February, 1971