TNAG-2815-FCO40-4061-Future-of-Hong-Kong-International-Rights-and-Obligations-(IR-1993 — Page 259

SECRET

FM HONG KONG

TO PRIORITY FCO

TELNO 768

OF 17070OZ MAY 93

INFO PRIORITY PEKING

SECRET

HICC 031/10

RECE

/ A1 1993

INJLX

on Tak

та

17

061613

MDLIAN 3326

16

YOUR TELNO 463: IMF/IBRD 1997 ANNUAL MEETINGS.

1.

IN THE LIGHT OF EXCO'S VIEWS AND ASSUMING THAT THE FINANCE COMMITTEE ACCEPTS THE FINANCIAL COMMITMENTS OF HOLDING THE ANNUAL MEETINGS HERE, IT IS UNLIKELY THAT THE PROPOSAL FOR THE EXCHANGE FUND MAKING A CONTRIBUTION WOULD NEED TO BE PURSUED.

2.

ZHOU ZHENXING OF BANK OF CHINA WAS NOT PRESENT AT THE EXCHANGE FUND ADVISORY COMMITTEE (EFAC) MEETING ON 19 FEBRUARY WHEN THE MATTER WAS DISCUSSED, ALTHOUGH HE DID RECEIVE THE PAPER AND MINUTES WHEN HE ATTENDED THE EFAC MEETING FOR THE FIRST TIME IN MARCH. HE HAS NOT RAISED ANY COMMENTS ON THIS SUBJECT SO FAR.

PATTEN

YYYY

MAIN

25

DISTRIBUTION

35

.HK FINANCIAL

.(DIALOGUE)

HKD

PUSD//HD

ECONOMIC ADVISERS//HD

ERD//HD

RAD//MR WYE

PS

PS/MR GOODLAD

PS/PUS

SIR J COLES

MR HUM

FED//HD

ADDITIONAL

10

CAOFF//SIR R BRAITHWAITE

CAOFF//MS DL CORNER

BANK ENG//MR C ELSTON

BANK ENG//MR LATTER

HMT//PS/CHANCELLOR

HMT//MR P GRAY

HMT//MR J P MCINTYRE

CAOFF//MR SIBSON

CAOFF//MISS NEVILLE JONES

BANK ENG// MR A CROCKETT

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