TNAG-0379-FCO40-425-Sterling-assets-and-balance-of-payments-of-Hong-Kong-1973 — Page 281

AN LIVED A

CYPHER CAT A ·

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CONFIDENTIAL

CONFIDENTIAL

ORWELL

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(FRD)

TO ROUTINE GOVERNOR HONG KONG TELNO 88 OF 24 JANUARY. 1973

MY TELNO 1345 OF 22 NOVEMBER: STERLING AGREEMENT

PA

1. WE ASSUME THAT THE LAST TWO SENTENCES OF THE FIRST ·

PARAGRAPH OF THE SECTION HEADED QUOTE IMPLEMENTATION OF SGA

UNQUOTE OF THE SPEECH BY THE FINANCIAL SECRETARY IN THE

LEGISLATIVE COUNCIL ON 13 DECEMBER INDICATES THAT THE

HUNG KONG GOVERNMENT AGREE TO THE PROPOSALS CONTAINED IN MY

TELEGRAM UNDER REFERENCE. WE SHOULD BE GRATEFUL IF YOU COULD

CONFIRM THAT THIS IS SO.

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