TNAG-0858-FCO40-1068-Proposed-UK-China-bilateral-shipping-agreement-1979 — Page 140

C

CONFIDENTIAL

DSR 11C

is unlikely that any more than at present through charter parties will be made available for the shipment of goods

·

in foreign vessels. It is estimated that in 1977 the

savings in foreign exchange to the Chinese through shipping in their own vessels amounted to $600 million.

**

CONFIDENTIAL

D 107991 400,000 7/76 904 953