TNAG-2515-FCO40-3669-Future-of-Hong-Kong-International-Rights-and-Obligations-Sub-1992 — Page 84

Classification

RESTRICTED

OUT TELEGRAM

ZCZC

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ZCZC

TC

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RESTRICTED

CAVEAT

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FM

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FM FCO

TO

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TO IMMEDIATE HONG KONG

TELNO

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TELNO

OF

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AND TO

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YYYY

MAIN

ADDITIONAL

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Caveat

Precedence

IMMEDIATE

U)

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OF 231030Z APRIL 92

AND TO IMMEDIATE UKDEL IMF/IBRD WASHINGTON, PEKING

INFO IMMEDIATE UKREP JLG HONG KONG

YOUR TELNO 1092: 1997 IMF/IBRD ANNUAL MEETINGS

1.

WE ARE CONTENT WITH THE APPROACH PROPOSED IN PARAS 3 AND 4 OF

TUR. UKDEL'S SUGGESTION OF TRADING FLEXIBILITY ON THE FORMAL

APPLICATIONS ISSUE FOR A MORE FORTHCOMING CHINESE ATTITUDE ON THE

USE OF THE BERLIN MODEL SEEMS A PRAGMATIC AND SENSIBLE APPROACH.

AS YOU MAKE CLEAR IN PARA 2, THE KEY OBJECTIVE IS TO ENSURE THAT

HONG KONG'S FINANCIAL AUTONOMY IS PROTECTED AND THAT THEY PLAY A

MEANINGFUL ROLE AT THE MEETINGS.

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HURD

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File number

Dept

204dmoj

ERD

Authorised for

Initials

Date/time

despatch by:

For COD

use only

Comcen reference

Printed in the UK for HMSO 1/91 Dd FCO3233 M 200 CCN 56294

Catchword:

Drafted by (Block capitals)

D Moran

Telephone no

270-2674

Telegram number

Processed by

STOCK No.C037B YFB6