TNAG-1039-FCO40-1289-Future-of-Hong-Kong-1981 — Page 189

OO HONG KONG DESKBY 050200Z

GRS 141

RESTRICTED

DESKBY 05020OZ

FM FCO 041400 JUNE 81

TO IMMEDIATE HONG KONG

TELEGRAM NUMBER 508 OF 4 JUNE

04011

RESTRICTED

AKK 040/1

ник

Ahne (153

13284 - 1

ло

2117

AND TO IMMEDIATE PEKING

PQ: HONG KONG FUTURE

1. MR KEITH STAINTON HAS PUT DOWN THE FOLLOWING PQ FOR WRITTEN

REPLY:

-(16411)

TO ASK THE LORD PRIVY SEAL, IN VIEW OF THE EXPORT CREDIT GUARAN-

TEE DEPARTMENT'S EXPORT CREDIT FACILITY TO CASTLE PEAK POWER

STATION SCHEDULED TO MATURE IN 2002 AND THE POSSIBILITY OF

FUTURE EXPORT CREDITS OF THIS KIND, IF HE WILL MAKE A STATEMENT

ON THE FUTURE OF THE LEASE FROM CHINA OF THE NEW TERRITORIES,

HONG KONG DUE TO EXPIRE IN 1997'.

2. WE PROPOSE FOLLOWING DRAFT ANSWER:

'MAJOR PROJECTS, OF WHICH THIS IS BUT ONE EXAMPLE, ARE INDICATIVE

OF CONTINUED CONFIDENCE IN THE TERRITORY, WHICH IS MATCHED BY

THE STATED INTEREST OF THE CHINESE GOVERNMENT IN THE TERRITORY'S

CONTINUED PROSPERITY'.

3.

GRATEFUL FOR YOUR AND PEKING'S COMMENTS DESKBY 050900Z.

CARRINGTON

NNNN

MINIMAL

HKGD

ED

1

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