CONFIDENTIAL
- Nonsense to suggest that our support for project is motivated by desire to secure commercial windfall for
British firms. True that a number of small consultancy projects have gone to British firms but the biggest ones for airport master plan and overall financial advice have gone to US firms. HKG operates an open and competitive
tendering system.
-
DEFENSIVE
HKG SHOULD DELAY WHOLE PROJECT UNTIL CHINESE SIDE TAKES A
DECISION
- Have already made clear that there are a number of forthcoming major decisions on which we would be happy to
consult Chinese at next round of expert talks. But cannot simply put whole project on ice.
ECGD COVER
But as we
- ECGD operations are currently under review. have already made clear, PADS has HMG's full support. Chinese support also very important: would send a positive signal to the international financial markets.
ATPACB/2
CONFIDENTIAL
No comments yet.
Private notes are available after approval.