TNAG-1015-FCO40-1265-Quarterly-progress-reports-on-Hong-Kong-1981 — Page 70

CONFIDENTIAL #3

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5.

Oil exploration in the South China Sea

Trade and Industry

6.

Recommendation

of the Advisory Committee on Diversification

To consider, and take appropriate action on the possible role of Hong Kong as a support base.

To co-ordinate their implementation as accepted by Executive Council.

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are being held by DTIC with individual oil importers to consider their difficulties in complying with the Code. DTIC is to consider also the operational details of policing the Code.

The first meeting of the Oil Support Advisory Committee was held on 15 July. The second meeting is scheduled for late August.

Co-ordination of the imple- mentation of those recommen- dations accepted by ExCo, continued. Nine progress reports on implementations have been made to ExCo, completing the second round of the 6-monthly reports.

To follow up on action agreed at the first meeting (e.g. a study on technical man- power needs) and to monitor progress of the second PASCO study now being undertaken.

To continue to k.i.v. implementation of accepted recommen- dations.

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