TNAG-2978-FCO40-1470-Trade-relations-between-Hong-Kong-and-the-UK-1982 — Page 117

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HK Section

COMMERCIAL-IN-CONFIDENCE

FM BTC HONG KONG 190945Z FEBRUARY 82

TO ROUTINE ECGD

NO DISTRIBUTION

TELEGRAM NUMBER EXCED 13 OF 19 FEBRUÁRY INFO ROUTINE DO! (FOR CSE DIV) DOT (FOR PEP)

FOR HOLLOWAY, PROJECT UNDERWRITING DIVISION

ECGT

Dol

дот

TREDO TRED HK.GD

I HAVE RECEIVED A COPY OF COMPLAINT FROM THE HONG KONG TELEPHONE COMPANY TO GRINDLAYS THAT ECGD HAVE REJECTED AN APPLICATION FOR EXPORT CREDIT FINANCING FOR THE SUPPLY OF SONY VIEWDATA TERMINALS.

2. SINCE THE VALUE OF ORDERS IS EXPECTED TO BE ABOUT 1/2 A MILLION POUNDS STERLING IN 1982 AND TO CONTINUE AT THE RATE OF ABOUT 1 MILLION POUNDS STERLING FOR AT LEAST THE NEXT TWO YEARS, I SHOULD LIKE URGENT BACKGROUND TO THE REPORT DECISION. A DIRECTOR OF GRINDLAYS IS DUE TO CALL ON ME EARLY NEXT WEEK.

DOI

3. AT THE REQUEST OF THE DOE WE HAVE MADE A CONSIDERABLE EFFORT TO PERSUADE HONG KONG TELEPHONE COMPANY TO PURCHASE

UK VIEWDATA EQUIPMENT AND I AM THEREFORE COPYING THIS TELEGRAM TO CSE DIVISION AND TO PEP AT THE DEPARTMENT OF TRADE.

MARCH

CORRECTION PAPA 3 LINE 1 ...REQUEST FOF THE DO!

...REQUEST FOF THE DO! ((DOI) WE HAVE...

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