The Rt. Hon. Peter Lilley MP
Secretary of State for Trade and Industry
m
Stephen Wall Esq
Private Secretary to the
Prime Minister
10 Downing Street LONDON
SW1A 2AA
Department of Trade and Industry
1-19 Victoria Street London SWIH (ET
Direct Line 071-215 4440
DTI Enquiries 071-215 5000
24 June 1991
2430
Dear Rada
HONG KONG : INVOLVEMENT IN AIRPORT FUNDING
The Secretary of State has seen both Simon Gass's letter of 31 May and Jeremy Heywood's letter of 6 June on the Hong Kong airport project.
He agrees that the airport can hardly be regarded as candidate for ATP funding. On the question of ECGD cover, the Secretary of State considers that the size, natura and importance of the project to the future confidence and prosperity of Hong Kong means that in due course the project will have to be looked at exceptionally. Meanwhile he agrees with the Foreign Secretary that there is little point in addressing the issue prematurely, particularly when prospects are somewhat clouded by the continuing difficulties with the PRC.
I am copying this letter to Simon Gass (FCO), Jeremy Heywood₫ (Treasury), Suma Chakrabarti (ODA) and Sonia Phippard (Cabinet Office).
yours
love
STEPHEN SPEED
Private Secretary
JW6252
dti
- Femenin
Minister for Trade Sir Peter Gregson
Mr Roberts
Mr Stephens
ECCD
Mr Adams
PEP
Mr Meadway
OT2
Mr Love
OT2
Mr Casey
PEP2
Mr Gallaher
ΠΕΡΙ
Mr Anisfeld
Sp Ad
Mr Rogers (on file)
PEP1
سنا
Dommed Denar
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