CONFIDENTIAL
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OF FOREIGN TRADE, FOR THE SALE OF A BULK ELECTRICITY TRANSMISSION SYSTEM, A RURAL ELECTRIFICATION SCHEME AND THE SUPPLY OF ELECTRICITY. BRITISH ELECTRICITY INTERNATIONAL, THE CVERSE CONSULTANCY ARM OF THE CENTRAL ELECTRICITY GENERATING BOARD, IS PARTICIPATING WITH BALFOUR BEATTY IN THIS PROPOSAL.
7. H M G BELIEVES THAT BOTH SIR LAWRENCE KADOORIE'S PROPOSALS AND
THE OTHER POSSIBILITIES IN PARA 2 ABOVE COULD LEAD TO GREATER PURCHASES OF UK EQUIPMENT AND HOPE THAT THE PEOPLE'S REPUBLIC
OF CHINA WILL GIVE ALL THESE POSSIBILITIES FAVOURABLE CONSIDERATION.
AN ALTERNATIVE PARAGRAPH 4 MIGHT BE ON THE LINES OF
QUOTE
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HMG WOULD FURTHER BE PREPARED TO DISCUSS THE POSSIBILITIES FOR
SUCH CRDERS BEING PAID FROM A TRUST FUND INTO WHICH REVENUES FROM CHINESE SALES OF COAL TO H K MIGHT BE PAID. ALTERNATIVELY THE PRC MAY WISH TO PLACE ORDERS IN ADVANCE OF ARRANGEMENTS FOR COAL SUPPLIES BEING NEGOTIATED IN WHICH · CASE OTHER FINANCING ARRANGEMENTS COULD BE MADE TO BE SUPPLEMENTED LATER BY PAYMENTS DERIVED FROM SALES OF COAL OR OTHER RESOURCES.
UNQUOTE
A
11. DRAFT LETTER FROM SIR LAWRENCE KADOORIE TO MR SUN SUO-CHANG.
RE:
PROPOSAL TO SUPPLY ELECTRICITY TO KWANGTUNG PROVINCE IN
EXCHANGE FOR CHINESE COAL,
1. YOU WILL RECALL THAT DURING THE VISIT OF MR STONES AND YSELF TO CHINA DURING THE WEEK OF 22 MAY, WE DISCUSSED WITH YOU COMPENSATORY DEALS INVOLVING THE EXCHANGE OF COAL FOR CAPITAL GOODS AND SERVICES FROM THE UNITED KINGDOM. THIS SUBJECT HAD ALSO BEEN MENTIONED TO YOU BY SIR EDWARD YOUDE, BRITISH AMLASSADOR TO FEKING, SOME TIME PREVIOUSLY.
2. DURING OUR CONVERSATIONS THE POSSIBILITY OF EXCHANGING CHINESE COAL FOR ELECTRICITY TO BE SUPPLIED TO THE KWANGTUNG PROVINCE OF CHINA FROM CHINA LIGHT AND POWER COMPANY, LIMITED HONG KONG (CL AND P) WAS DISCUSSED. YOU ASKED ME TO PRESENT YOU WITH A
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