TNAG-0948-FCO40-1167-Effect-of-nuclear-exports-to-China-on-Hong-Kong-Guangdong-nu-1980 — Page 113

E

3148DIHO G

6000 NPCH G

DH

TWX 10

3.4.30

RICHARD BROWN DEPARTMENT OF INDUSTRY

THE NNC ACCEPT IN PRINCIPLE THE TERMS UNDER WHICH FINANCIAL SUPPORT FOR THE KWANGTUNG FEASIBILITY STUDY WILL BE MADE

IT THEREFORE AVAILABLE FROM THE OVERSEAS PROJECTS FUNDE. UNDERTAKES TO ENSURE THAT SUBSCRIPTIONS TO THE 50% OF THE TOTAL COSTS NOT TO SE PROVIDED FROM THE FUND WILL BE SUPPLIED THROUGH THE NNC. THIS UNDERTAKING IS GIVEN ON THE UNDERSTANDING THAT THE U.K. INPUTS TO THE FEASIBILITY STUDY WILL NOT EXCEED £200,000 HICH INCLUDES COSTS REASONABLY INCURRED FROM THE INITIATION OF THE PURJECT WITH THE PROJECT FUND MEETING A HALF.

CUR LETTER TO YOU OF TODAY'S DATE CONFIRMS OUR UNDERSTANDING.

WAK WICKS

BOOTHS HALL KNUTSFORD

666000 NPCBH G

PLS DELETE S FROM

THANK YOU TLX OP.

881 3148DIHA G SENT 2.05

THE WORD FUND IN 3RD LINE OF TELEX.