TNAG-1695-FCO40-2351-Future-of-Hong-Kong-nationality-1987 — Page 137

нко зодя

RECEIVED IN MAGISTRY

- 6 APR 1987

TRY

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OCMIAN 6127

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Mek

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DD 030030Z TOKYO

FM FCOLN TO TOKYO

021515Z APR

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TO DESKBY 030030Z TOKYO

TELNO 242

OF 021515Z APRIL 87

AND TO IMMEDIATE WASHINGTON UKREP BRUSSELS

PA Cable &

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YOUR TELNO OTTER 197: CABLE AND WIRELESS

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FOLLOWING IS TEXT OF MESSAGE FROM MR NAKASONE TO THE PRIME

MINISTER DATED 2 APRIL.

BEGINS DEAR PRIME MINISTER THATCHER

I HAVE THE HONOUR TO ACKNOWLEDGE RECEIPT OF YOUR LETTER DATED

4 MARCH 1987. I HAVE RENEWED MY RECOGNITION OF YOUR DEEP CONCERN

REGARDING THE PARTICIPATION OF CABLE AND WIRELESS IN A CONSORTIUM

TO PROVIDE AN ALTERNATIVE INTERNATIONAL TELECOMMUNICATIONS SERVICE.

WHILE THIS MATTER IS NOW UNDER SERIOUS COMPREHENSIVE STUDY WITHIN

THE GOVERNMENT WE WELCOME PARTICIPATION OF FOREIGN COMPANIES TO

THE EXTENT PERMITTED BY LAW THAT IS UP TO ONE THIRD OF THE TOTAL

SHARE HOLDINGS.

TODAY, MR WATANABE CHAIRMAN OF THE COMMITTEE ON INFORMATION AND

TELECOMMUNICATIONS POLICY OF KEIDANREN, WHO HAS HITHERTO BEEN

MAKING COORDINATION EFFORTS TO MERGE THE TWO CONSORTIA RESPONDING

TO THEIR REQUESTS, ANNOUNCED A COORDINATOR PROPOSAL. THIS PROP-

OSAL RECOGNIZED CABLE AND WIRELESS AS ONE OF THE CORE COMPANIES,

AND CABLE AND WIRELESS SHALL BE TREATED ON A COMPLETELY EQUAL

BASIS AS THE JAPANESE CORE COMPANIES IN TERMS OF EQUITY AND

PROVISION OF DIRECTOR.

THE NEW CONSORTIUM SHALL

FURTHERMORE

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