TNAG-1270-FCO40-1620-Financial-policy-in-Hong-Kong-1983 — Page 241

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PEGISTRY Action Takon

FM FCO 261500Z SEPTEMBER 83

IMMEDIATE UKMIS NEW YORK

20521

1

TELEGRAM NUMBER 508 OF 26 SEPTEMBER 1983.

FOR PRIVATE SECRETARY.

FOLLOWING FROM GIFFARD.

1.

UNWIN HELD A MEETING IN THE TREASURY THIS MORNING TO

DISCUSS UKDEL/IMF/IBRD WASHINGTON TELEGRAM NUMBER 327, THE

TEXT OF WHICH IS BEING REPEATED TO YOU. BANK OF ENGLAND

(HOLLAND) AND CABINET OFFICE (GOODALL) ATTENDED. A STUDY

WAS PUT IN HAND FOR THE CHANCELLOR TO SEE ON HIS RETURN

TO LONDON, COVERING THE QUESTIONS HE HAD RAISED. FOR THE FCO, WE STRESSED THE IMPORTANCE OF KEEPING ANY SUCH STUDIES SECRET,

EMPHASISING THEIR POLITICAL DELICACY IN THE CONTEXT OF THE

NEGOTIATIONS OVER THE FUTURE OF HONG KONG, AND GENERALLY, AND DREW

ATTENTION TO THE NEED FOR THE CLOSEST CONSULTATION WITH THE

GOVERNOR IN RESPECT OF ANY ACTION WHICH MIGHT BE CONTEMPLATED

TO HELP HONG KONG'S CURRENCY. PLEASE SEE MIFT.

2. WE HAVE NOT (NOT) REPEATED UKDEL IMF/IBRD WASHINGTON TUR TO

HONG KONG.

HOWE

LIMITED

HD/HKD HDIERD PS

PS/PUS AR GIFFARD

MR EVANS

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