TNAG-2814-FCO40-4060-Future-of-Hong-Kong-International-Rights-and-Obligations-(IR-1993 — Page 16

CONFIDENTIAL

110632

MDHIAN 7203

CONFIDENTIAL

FM HONG KONG

TO IMMEDIATE FCO

TELNO 116

OF 270845Z JANUARY 93

AND TO IMMEDIATE HM TREASURY, UKDEL IMF/IBRD WASHINGTON

AND TO IMMEDIATE UKREP JLG HONG KONG

UKDEL IMF/IBRD TELNO 326 OF 20 SEPTEMBER 1992: IBRD/IMF 1997 ANNUAL MEETINGS IN HONG KONG

1. THE RESPONSE FROM CHINA IS A WELCOME MOVE AS THEY HAVE BASICALLY ACCEPTED OUR TWO PROPOSALS ON THE ROLE FOR THE HKSARG. THE WAY IS NOW CLEAR FOR US TO SEEK FINAL APPROVAL FROM EXCO.

2. ON CHINA'S FIRST POINT, IT IS SOMEWHAT ODD THAT CHINA WANTS ONE SPEAKER TO INTRODUCE THE NEXT, SINCE THE USUAL PRACTICE, AS WE UNDERSTAND IT, IS FOR THE SPEAKERS TO BE CALLED ON BY THE CHAIRMAN OF THE ANNUAL MEETINGS. THIS IS HOWEVER A MINOR POINT AND WE PROPOSE THAT UKDEL IMF/IBRD RESPOND TO THE CHINESE ALONG THE FOLLOWING LINES:-

(A) WELCOME THE CHINESE RESPONSE:

(B) BASICALLY CONTENT WITH THE ARRANGEMENT:

(C) NOTE THEIR PROPOSED SPEAKING ORDER AND ALSO NOTE THAT THE NORMAL PRACTICE IS FOR THE CHAIRMAN OF THE MEETINGS TO CALL ON EACH SPEAKER TO SPEAK, IN TURN.

MACLEOD

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