-RESTRICTED
HKC370/2
10 JAN 1991
14
073251
MDHOAN 4927
STRY
fa Quali
RESTRICTED
FM FCO
TO DESKBY 09010OZ HONG KONG
TELNO 32
OF 08092OZ JANUARY 91
INFO PRIORITY PEKING, UKREP JLG HONG KONG
QLIST?
YOUR TELNOS 11 AND 12: LOCALISATION OF LAWS: ARBITRATION
1.
2.
3.
WE HAVE NO COMMENTS ON THE DRAFT PAPER IN SECOND TUR.
WE AGREE WITH PARAGRAPH 4 OF FIRST TUR.
WE ARE A LITTLE CONCERNED THAT THIS PAPER IS LESS LIKELY TO BE WELL RECEIVED BY THE CHINESE WHEN WE HAVE NOT YET RESOLVED THE DISPUTE OVER THE ROLE OF THE ICSID IN CONTEXT OF IPPAS. WE SHOULD BE GRATEFUL FOR YOUR VIEW ON THE DESIRABILITY OF WITHOLDING THIS PAPER UNTIL THE ISSUE OF THE CONTINUED APPLICATION OF THE ICSID TO HONG KONG HAS BEEN RESOLVED (IN THE CASE OF LOCALISATION OF LAWS RELATING TO IMF ETC, THE FACT THAT AGREEMENT HAS BEEN REACHED IN THE IRO SUB GROUP ON HONG KONG'S CONTINUED PARTICIPATION IN THOSE ORGANISATIONS AFTER 1997 MUST MAKE IT MORE LIKELY THAT THE CHINESE WILL APPROVE THE PAPER WITH MINIMAL COMMENT).
HURD
YYYY
DISTRIBUTION
65
ΜΑΙΝ
63
.HONG KONG AGREEMENT
. (RESTRICTED)
LIMITED
HKD
HD/FED NEWS D PUSD
RAD
COMED
PS/LORD CAITHNESS PS/MR LENNOX-BOYD MR MCLAREN MR BURNS
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