TNAG-1373-FCO40-1819-Ministerial-visits-from-the-UK-to-Hong-Kong-1985 — Page 110

CONFIDENTIAL

MR RENTON'S VISIT TO HONG KONG 27-31 OCTOBER

BRIEF NO 18: GUANGDONG NUCLEAR PROJECT

POINTS TO MAKE IN PUBLIC

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1.

Hope for successful conclusion to present round of

negotiations. These are confidential: cannot therefore

comment further.

11 POINTS TO MAKE TO HKG OFFICIALS

2.

Successful project with major role for GEC not only in UK commercial interest. Will also underline quality

of political relations between Britain and China and generate further confidence in ability of Hong Kong, Britain and China to work together in promoting Hong

Kong's prosperity.

3. HMG therefore doing everything possible consistant with international obligations to provide favourable || financial terms. Latest proposals constitute most

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generous export credit we have ever made available.

4. GEC have made massive effort to meet Chinese demands on price. Negotiations now at critical stage.

5. (If asked) Cannot provide soft loans for this project without breaking international commitments.

jl6abs

CONFIDENTIAL