TNAG-2815-FCO40-4061-Future-of-Hong-Kong-International-Rights-and-Obligations-(IR-1993 — Page 254

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MEMBERS. WE KNOW THE US SEES THE POLITICAL CASE FOR HONG KONG IN 1997, BUT IT IS THOUGHT THE US TREASURY MAY BE DIFFICULT OVER THE BUDGETARY IMPLICATIONS (MEETINGS OVERSEAS ARE SUPPOSED TO COST MORE, ALTHOUGH THAHANE IS NOT SURE THAT THIS CAN BE SUBSTANTIATED). THE IMF/WORLD BANK SECRETARIES ATTACH CONSIDERABLE IMPORTANCE TO SECURING A CLEAR INDICATION OF US SUPPORT (OR AT LEAST ACQUIESCENCE) BEFORE THEIR PLANNED VISIT TO HONG KONG AND BEIJING. I AGREED TO SPEAK TO MY G-7 COLLEAGUES ON THE BOARDS OF DIRECTORS. IF YOU AGREE I WILL ALSO SPEAK TO THE US TREASURY (I HAVE A GOOD OPPORTUNITY TO DO SO ON THURSDAY).

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