TNAG-1339-FCO40-1771-Visit-by-Margaret-Thatcher--UK-Prime-Minister--to-Beijing-fo-1984 — Page 240

GRS 500

CONFIDENTIAL

CONFIDENTIAL

FROM PEKING 07110OZ DEC 84

TO PRIORITY FCO

TELEGRAM NUMBER FCO 2922 OF 7/12/84

TOP COPY

251

HKK 048/57

RECEIV

10 DEC1984

INFO PRIORITY HONG KONG

MIPT: FUTURE OF HONG KONG: PRIME MINISTER'S VIS IT TO PEKING: OTHER COUNTRIES' DEVELOPMENT AID TO CHINA

1 PROGRAMMES OF WHICH WE ARE AWARE CAN BE SUMMARISED AS

FOLLOWS:-

(A EC COUNTRIES

(1) BELGIUM.

SOFTLOANS (5 MILLION US DOLLARS PER YEAR)

NIL INTEREST RATE. 30 YEAR TERM, WITH 10 YEAR GRACE PERIOD)

(14) DENMARK. (A) SOFT LOANS (10 MILLION US DOLLARS PER YEAR. NIL INTEREST RATE. 30 YEAR TERM, 10 YEAR GRACE PERIOD) AS PART OF MIXED CREDIT TOTALLING

25 MILLION US DOLLARS PER YEAR,

TIED TO AGRICULTURE AND RALATED INDUSTRIES:

(B) TECHNICAL ASSISTANCE (10 EXPERTS AT A TIME WORKING IN CHINA:

220 MAN MONTHS PER YEAR TRAINING IN DENMAKR)

(BP) FEDERAL REPUBLIC OF GERMANY

(A) SOFT LOANS (17 MILLION US DOLLARS PER YEAR,

INTEREST RATE 3 1/2 PERCENT 30 YEAR TERM,

10 YEAR GRACE PERIOD) BUT WITH FIRM COMMITMENT FOR

1985 ONLY:

(B) TECHNICAL ASSISTANCE (8 MILLION US DOLLARS PER YEAR DEVOTED TOTRAINING).

(IV) ITALY SOFT LOANS NEGOTIATED PROJECT BY

PROJECT (31 MILLION US DOLLARS, COMMITTED SINCE 1983,

2 1/2 034:3,5 8,5343'5 4-53, 15 TO 17 YEAR TERM, 4 YEAR GRACE PERIOD)

(V) IRELAND. TECHNICAL ASSISTANCE (TRAINING FOR

10 CHINESE IN IRELAND EACH YEAR).

i

Mechan

REGISTRY

Action Taken

CONFIDENTIAL

|(8)

Page 240Page 241