TNAG-0379-FCO40-425-Sterling-assets-and-balance-of-payments-of-Hong-Kong-1973 — Page 91

CONFIDENTIAL

6. WE APPRECIATE YOUR DIFFICULTIES OVER THE UNCERTAINTY OF THE FUTURE OF THE STERLING AGREEMENTS. THE CHANCELLOR WILL BE IN TOUCH WITH HIS

· COLLEAGUES IN SIGNATORY COUNTRIES VERY SOON NOW.

DOUGLAS-IGME

ORINELL DISTRIBUTION

FRD

HKIOD

PS/MK ROYLE

-2-

CONFIDENTIAL