TNAG-0381-FCO40-427-Sterling-assets-and-balance-of-payments-of-Hong-Kong-1973 — Page 285

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

File No.

(16939) Dd.897300 200m 9/72 G.W.B.Ltd. Gp.863 (17785) Dd.897533 400m 5/73 G.W.B.Ltd. Gp.863

MF 9/501/1

OUTWARD

Department Drafted by (Block Capitals)

FRD

D I LEWTY

TELEGRAM

G 206

Tel. Extn.

FOR

COMMS. DEPT.

(Date)

DATUMU UN SOUNDS KOREAN DENGAN ONS CRANE

USE

Despatched

(Time)

PREAMBLE

Security Classification CONFIDENTIAL

Precedence

ROUTINE

DESKBY

POSTBY.

..2

(Time of Origin)

Z(G.M.T.)

(Restrictive Prefix)....

(Caveat/

CONFIDENTIAL

(Security Class...

Privacy Marking)

ORWELL

(Codeword)

(Deskby)

ST. LUCIA

TO.....

Tel. No.

(precedence)

(post) ANTIGVA

ST. VINCENT

AND TO (precedence/post)

AND SAVING TO

REPEATED TO (for info)

SAVING TO (for info)

of....

C

XY 42

Z

..z

Distribution:-

OR ELL

FRD

GGD

SED

KIOD WIAD PDTD

Copies to:-*

[TEXT]

MY TEL NO. 157 TO GABORONE:

My 2 IFT's contain:

a

b

STERLING AGREEMENTS

the text of the Declaration to St. Lucia and your covering letter, ale to St. Lucia./// Please also deliver identical texts to the other 5 Associated States after making necessary changes of name in each.

2.

When delivering the texts, please explain to the State Governments that when the original guarantee arrangements were drawn up in 1968, the Associated States were given the same kind of arrangements anthe

He smaller Dependent Territories. This was for two reasons: (a) Doubtless the Associated States like those Dependent Territories kept alltheir reserves in sterling either as the result of requirements of 1: cal legislation or of traditional practice.

Secondly, the concept of Associated Statehood was still new.

3.

We think, however, that our current relat (nship requires us to treat the Associated States rather more like the independent holders of Sterling A ree- ments than the smaller Dependent Territories. Nevertheless, because we are trying broadly to extend the present sterling guarantee arrangem nts

Page 285Page 286

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