TNAG-2515-FCO40-3669-Future-of-Hong-Kong-International-Rights-and-Obligations-Sub-1992 — Page 105

CONFIDENTIAL FROM UKDEL IMF/IBRD WASHINGTON

014442 MDLIAN 3 16

4.

I HOPE WE WILL HAVE BEEN ABLE TO MAKE SOME FURTHER PROGRESS BEFORE THE UK AND CHINESE GOVERNORS OF THE BANK AND FUND MEET--AS THEY ARE LIKELY TO DO--AT THE SPRING MEETINGS IN WASHINGTON AT THE END OF APRIL.

PERETZ

YYYY

ΜΑΙΝ

MONETARY

.ERD [-]

HKD

NNNN

145

DISTRIBUTION

145

FED

SIR J COLES

MR BURNS

PAGE

2

CONFIDENTIAL FROM UKDEL IMF/IBRD WASHINGTON

Page 105Page 106