de
We would propoga
For the moment up to sone 1 billion, but with every prospect ing more. The important thing nou is for time to be indicate cur willingness to support under Gottipe 2 the very additional amounts of credit which will ha pudulled for the major
therefore industriel undertakings envisaged. that we should be authorised to give general indictions of ous willingness to support such deals without any formal restriction. Such indications in principle can be expected to amount to many
In accordance with tines the level of our firm commitments.
current delegated authorities, we would propose to circulang detcils of individual cases of over 260n which involve credit froms in excess of 5 years, thus allowing the buildup of Cim odmalment and potential business to be meaitored.
There is one other matter which I should no nature of the financing of these love lojes to whether the piecemeal way in which t China business should not be replaced by I am discussing this with the Binx of the load.
eem to be dealing with a unique situation which require unique methods of dealing with it. have to be discussion on this question. glad to know whether the above general you and other Departments to whom I on copying
"Mean" pproach
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KW Cotterill
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Hr Rackham, EoE
r Benjamin, IC, DOI Mr Browning, CRE, DOT Mr Murray, FED, FCO .
Secretary
Ar D C Smith
Mr Gill
Mir Kemp
Mr Breach
Mr Twyford
ECGD
Mr Shilson, fo
Hr Knighton, DC
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