TNAG-0778-FCO40-982-Involvement-of-Hong-Kong-in-air-services-agreements-1978 — Page 12

293

PRIORITY

GR 383

CYPHER CAT A AND BY BAG

FM F C 0 251829Z

CONFIDENTIAL

CONFIDENTIAL

INDEX

184

3 OMAY 1978

W

PA

80.51

REG PRY Action Taken

TO PRIORITY WASHINGTON TELNO 1296 OF 25 MAY

INFO SINGAPORE, KUALA LUMPUR

INFO SAVING HONG KONG (GOVERNOR AND DCARFE).

AIR CARGO RATES: MALAYSIA AND SINGAPORE.

295

See 1295

1. SINGAPOREAN GOVERNMENT HAVE APPARENTLY ISSUED THE FOLLOWING DIRECTIVE IN RESPECT OF AIR CARGO RATES TO BE FOLLOWED BY ALL AIRLINES OPERATING OUT OF SINGAPORE:

A. CHARGES ON ALL QUOTE COLLECT UNQUOTE SHIPMENTS ORIGINATING FROM TC1, 2 AND 3 TO SINGAPORE SHALL BE CONVERTED TO SINGAPORE DOLLARS AT BANKERS' BUYING RATE.

B. SINGAPORE DOLLARS SHALL BE QUOTED ON ALL AIRWAY BILLS FOR SHIPMENTS FROM SINGAPORE DESTINED FOR THE UNITED STATES, BUT CONVERT- ED FROM US DOLLARS AT THE BANKERS' BUYING RATE.

2. THE MALAYSIAN GOVERNMENT HAVE ALSO ISSUED A SIMILAR DIRECTIVE COVERING TC 2 AND 3 AND STATING THAT AIR WAYBILLS FOR MALAYSIA- USA ORIGINATING SHIPMENTS WILL BE QUOTED IN US DOLLARS, AND CONVERTED TO MALAYSIAN DOLLARS AT DANKERS' BUYING RATE FOR COLLECTION PURPOSES.

CONFIDENTIAL

13.