TNAG-0767-FCO40-971-Supplies-of-electrical-power-for-Hong-Kong-Castle-Peak-power-1978 — Page 50

Addressed to:

DRAFT

RESTRICT

Sir Lawrence Kadoorie ?

??????????

File No.

IC

199

/1978

Copies to:

Originated by:

(Initials and date)

Seen by:

(Initials and date)

Enclosures:

Type for signature of

DEPARTMENT OF

Industry

Thank you for your letter date 26 May which took a little

time to reach me.

•

I am glad that you found the Chinese receptive to your

suggestion of counter-trade.

If we are to develop our

trading relations with China, imagination and

entrepreneurial flair will be essential.

We appre toate

the initiative you have taken which co dop provide the basis for a major new impetys

to commnasio ketinien The two countries! 3. My officials have been getting on with proposals for counter-trade arrangements based on Chinese sales of

coal and other raw materials. The integration of such

proposals into the complex of simultaneous commercial

negotiations betwen Chinese, British and Hong Kong

organisations calls for careful co-ordination.

officials will be consulting you shortly about the

prposals we intend presenting to the Chinese.

My

Form $5/29

(Initials and date)

DO NOT TYPE ON REVERSE USE A CONTINUATION SHEET 3917/3911L D531662 20!! 9.77 TP