CONFIDENTIAL
HKA 182/3
157
060771
MDHOAN 8222
CONFIDENTIAL
FM FCO
TO IMMEDIATE BTC HONG KONG
TELNO 151
OF 281731Z JUL 92
INFO ROUTINE PEKING
153
TOP COPY
A DIST ?
YOUR TELNO INTRA 199: AIRPORT PLATFORM: EXPORT CREDIT
INTERESTED DEPARTMENTS HERE HAVE DISCUSSED YOUR TUR AND ECGD ARE REPLYING SUBSTANTIVELY.
2. IN TERMS OF FCO/HKG RELATIONS, WE ARE NOT QUITE CLEAR WHAT ALLEN (PAA) IS TRYING TO ACHIEVE OR HOW FAR HE IS ACTING IN CONCERT WITH HKG. HITHERTO ALLEN HAS RECOGNISED THAT HMG HAVE BEEN PARTICULARLY HELPFUL OVER EXPORT CREDIT (FOR BOTH COMMERCIAL AND POLITICAL REASONS). WE HOPE THAT OUR RELUCTANCE (OR INABILITY) TO BE BOUNCED ON THIS OCCASION WILL BE UNDERSTOOD. YOU MAY WISH TO TALK TO HONG KONG GOVERNMENT CONTACTS TO ENSURE THAT THEY ARE AWARE OF OUR POSITIVE ATTITUDE. PLEASE LET US KNOW IF YOU THINK IT WOULD BE HELPFUL FOR US TO INTERVENE DIRECTLY, EG WITH A PERSONAL TELEGRAM TO THE CHIEF SECRETARY OR GOVERNMENT HOUSE. (BUT HKG HAVE NOT RECENTLY SHARED WITH US THEIR THINKING ON THE STRATEGY FOR RAISING FINANCE FOR THE AIRPORT PROJECTS, IN THE LIGHT OF PRESENT DIFFICULTIES WITH THE CHINESE.)
HURD
YYYY
DISTRIBUTION
87
MAIN
79
HONG KONG AIRPORT GENERAL
PLANNERS
HKD
RAD
PUSD
PS
ECONOMIC ADVISERS
ERD
FED
JOINT DIRECTORATE
LEGAL ADVISERS//MS BROOKS
PS/MR GOODLAD
PS/PUS
MR CROWE
SIR J COLES
MR MILES
ル
PAGE
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CONFIDENTIAL
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