TNAG-2047-FCO40-2917-Visits-by-staff-of-the-Department-of-Trade-and-Industry-to-H-1990 — Page 159

:) Mr. Stand $18 2) Mr Mayten 3/p.9.

to

inf.

ECGD CONTRIBUTION TO BRIEF FOR MR DAVID DELL VISITING HONG KONG 4 AUGUST 1990

ECGD COVER POSITION (under review)

RECT

1/2

326

AY

090

IG

1 Short Term Cover (up to 6 months credit)

2

Cover is available without restriction.

Medium/Long Term Cover

Medium/Long

a

Term Cover is currently available within market limit of *£2bn, of which some *£450m remains available.

DEFENSIVE POINT

ECGD is keen to support UK companies seeking to secure business related to the airport project and other projects mentioned by Mr Rogers (PEP). The extent to which cover will be available in the future depends on the outcome of the

outcome of the Portfolio Management System market review of Hong Kong recently carried out awaiting HM Treasury submission for a Ministerial decision.

and

Please protect.

AM44.T7