Mr Rickets
MKD
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Mr Goodlad has seen
this submission and is content
with your recommendation and the draft to legocen
HKC 031/10
(60
FROM: P F Rickett's 1993
Hong Kong Department 8 October 1993 Sir J Coles
DATE: cc:
Mr Tebbitt, ERD Mr Fry, FED
Mr Sedgwick, HMT
Mr Cunliffe, HMT
cra 90
APS/MR GOODCAS
"/10
Mr Mortimer, HMT
Mr Hum Ham
PS/Mr Goodlad
Ms Bullock, BOE
མནནl..
HONG KONG: IMF/IBRD 1997 ANNUAL MEETINGS
Problem
A
•
UKDEL IMF/IBRD Washington have sought our comments on a
proposed package of procedural arrangements for the 1997 IMF/IBRD Annual Meetings.
Recommendation
2. I recommend that we instruct UKDEL to advise the IMF/IBRD
that we can accept the proposed package. Hong Kong are content. I submit a draft telegram. The Treasury are submitting to their Ministers on the issue of contingent liability. It would be useful if PS/Mr Goodlad could return the draft telegram to us after approval; we can then despatch once the Treasury are
content.
Co
B
Background
3. The Annual Meetings of the IMF/IBRD are held outside their
Washington headquarters once every three years. The 1994 Meetings will be held in Madrid and the 1997 Meetings are expected to be in Asia. In 1991 Treasury and FCO Ministers
approved in principle the proposal that we should bid for Hong Kong in 1997. The Chancellor commented last month that holding
the meetings in Hong Kong is a good idea. The aim would be to
get the world's financiers to Hong Kong three months after the
transfer of sovereignty, in a way which would underline Hong Kong's continuing autonomy and economic credentials.
ibr.min.ADM
SLM
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No comments yet.
Private notes are available after approval.