TNAG-2743-FCO40-3958-Visits-by-Commonwealth-officials--ministers-and-public-figur-1993 — Page 69

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

can provide capital for manufacturing and process

industries;

demonstrates

confidence in recipient government

because CDC is a long-term investor;

can complement the UK's bilateral aid programme; acts

as a bridge between grant-aid and commercial funding

and can provide management skills;

may be viewed as a political and independant

investment institution; and

can fill the gap where there is no UK bilateral aid

programme or ECGD cover.

One Post mentioned that HMG receives no credit for CDC

activities in their country. Some others thought there

should be greater complementarity between CDC and ODA

activities.

Question 11

How far do CDC operations contribute to the achievement of

UK political/diplomatic objectives? Please give specific

examples.

The majority of Posts felt that in a general way CDC helped

them to achieve their political/diplomatic objectives (eg

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