TNAG-0339-FCO40-375-Aid-to-Hong-Kong-from-UK-1972 — Page 8

8.

I shall be glad to know in response to this minute whether you have any comments on it and in particular to know how far payments which are expressed in dollars had been made before the £ was floated and how much remains to be paid against the floating £ (we need not for this purpose assume a date on which the £ is again brought to anchor).

:

9. When we have your comments we shall be able to assess the cost to the aid programme and if necessary we will send round a further

nate.

EC Burr

7. July 1972

а

Cannot was any short term affects

Seychelles is concement

Lis

for as the

whilst their Reyes is linked

to the £, as I suppose it must be. Be the long term do decbt our sxports counter cut will cost more

of higher cost raw materials.

I think this so really more

Dept it comment upon

شما حالم

-

· As is result

for the Marshalli

12/7.

I don't think time is much for

is to comment on.

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