TNAG-0948-FCO40-1167-Effect-of-nuclear-exports-to-China-on-Hong-Kong-Guangdong-nu-1980 — Page 188

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CONFIDENTIAL

15.

this helps to bolster busivers I confidence in the territory's future.

[On wider foreign policy grounds, a joint venture between Organisations,

appropsiq

in Hong Kong and Guang Dong is to be welcomed as a cooperation between

an Hồng Kong and South China aspec

way of furthering the Int

with the approac

fthe termination

on the New Territories

in 19977 Collaboration with the French is also desirable in a European

political context as well as furthering the objective of closer industrial

collaboration between the two countries 7.

HONG KONG CONSIDERATIONS

we not oppe.

هاا

A

protacles

of

cliner

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16.

The Hong Kong Government in principal supports the concept of a

nuclear power station supplying electricity to the colony. It also

supports the UK's attempts to secure the maximum UK manufacturing content

provided crediability is not to be called into question through a late

opposition to the project on nuclear grounds. The Hong Kong Government

would however require satisfactory agreements to be reached on safety

end environmental issues, security of supply and tariff structures which fully

thatthe Hong Kong consumers interests were protected. The Hong Kong

Government is content to leave discussion of these issues largely to

Sir Lawrence Kadoorie and the CLP team on the one hand and KEC on the

other. These organisations have recently established a joint Steering

Group with 4 sub committees which will investigate and report on the

following matters:

1.

Method of joint development, management, financial and economic

analysis;

2.

Site investigation and selection;

30 Selection of nuclear reactors, turbo-generators and consultants;

CONFIDENTIAL