CONFIDENTIAL
(282)
147242
MDHOAN 6364
CONFIDENTIAL
FM FCO
TO DESKBY 03010OZ HONG KONG
TELNO 718
OF 02160OZ APRIL 90
RECEIVED GISTRY
HICO 3·4014
0 1 JUN 1990
INFO IMMEDIATE BTC HONG KONG, UKREP JLG HONG-KONSK OFFICER
INDEX
PA
REGISTRY Action Taken
NATIONALITY BILL: UK INTERESTS IN HONG KONG
1.
THANK YOU FOR FAXING TO US THE DRAFT PAPER ON UK INTERESTS IN
HONG KONG.
2. WE HAVE ONE FURTHER SUGGESTION TO ADD TO THE POINTS CONVEYED TO YOU IN TELECON PAUL/LEEKS TODAY. WE THINK THAT IT MIGHT BE ADVISABLE TO QUALIFY THE FIGURE FOR NET DIRECT INVESTMENT BY POINTING OUT THAT IF OTHER FACTORS WERE TAKEN INTO ACCOUNT THE FIGURE WOULD BE VERY MUCH HIGHER.
3. AS YOU WILL APPRECIATE THERE HAVE BEEN SUGGESTIONS THAT THE TRUE VALUE OF THE UNITED KINGDOM INVESTMENT HAS BEEN PLAYED DOWN. THE INSERTION OF A SENTENCE ON THESE LINES WOULD HELP TO HEAD OFF FURTHER CRITICISM IN WHAT IN OUR VIEW IS A VERY USEFUL PAPER.
HURD
YYYY
ΜΑΙΝ
15
LIMITED
HKD
NNNN
DISTRIBUTION
15
MR MCLAREN
PAGE 1 CONFIDENTIAL
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