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MDHIAN 7109
HAVE A PERIOD IN WHICH TO DO SO WHICH IS NOT TOTALLY UNREASONABLE, AS A TOTAL BAN BY THE END OF THE YEAR MANIFESTLY WOULD BE.
5. ANY STOCKS REMAINING AFTER THE EXPIRY OF THE SIX MONTH PERIOD COULD ONLY BE LEGALLY TRADED INTERNALLY WITHIN HONG KONG. SOME HOLDERS OF LARGE QUANTITIES WILL DOUBTLESS WISH TO TRADE THEM ILLEGALLY. WE SHALL HAVE TO DO ALL IN OUR POWER TO PREVENT THIS. AN ALTERNATIVE OPEN TO TRADERS IS, OF COURSE, FOR THEM TO HOLD ON TO THEIR STOCKS UNTIL THE NEXT CITES CONFERENCE IN THE HOPE THAT LEGAL TRADING OF SOME SORT CAN BE RESUMED.
6. THE MAIN POINT IN ALL THIS IS THAT THE HKG MUST BE SEEN TO BE DOING ITS BEST TO GET REASONABLE ARRANGEMENTS FOR HONG KONG'S IVORY
TRADERS AND CARVERS WHO HAVE BEEN ENGAGING IN LEGITIMATE TRADE FOLLOWING INTERNATIONALLY APPROVED RULES. WE CANNOT MEET THEIR FULL DEMANDS, WHICH WOULD INCLUDE A PERMANENT RESERVATION: BUT, UNLESS WE CAN SHOW SOME EFFORT TO MEET THEIR PROBLEMS WE ARE VULNERABLE
BOTH POLITICALLY AND TO CLAIMS FOR COMPENSATION.
WILSON
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MAIN
15
LIMITED
HKD
N N N N
DISTRIBUTION
15
MR MCLAREN
2
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