Coll 30/224 'Currency Arrangements in the Arab Sheikhdoms of the Persian Gulf.' [‎40r] (86/620)

5th March 194-»
'5646
Dear Mitchell,
Exchange Control:
Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran.
I am writing in case you are awaiting my comments on
Harrison f s letter to you of the ^28th February (Ext.548/ 48)
enclosing a copy of telegram No.A,144 of the 24th February from the
Political Resident A senior ranking political representative (equivalent to a Consul General) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Residency. in the Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. . Our understanding is that
quotas were formerly fixed for expenditure in the U.S.A., Canada,
South American countries, Switzerland, Sweden and Portugal, but
that these expired with 1947 and that the last instructions to the
Political Resident A senior ranking political representative (equivalent to a Consul General) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Residency. on Import Licensing are contained in telegram
l ^o. 14083 of the 29th October 1947 which referred to the general
instructions contained in Colonial Office telegrams Nos.98 and 99
o f the 5th September 1947, copies of which had been handed to
Sir Rupert Hay before he left.
We are unaware whether anything further has yet been
sent on the basis of the draft enclosed with my letter to you of
the 19th December in reslv to telegram No.1282. but perhaps
Harrison, to whom I am copying this letter, could confirm whether a
reply has been sent containing the amendment suggested in your
letter to Donaldson ^(EC A 216/01) of the 29th December . According
to our records, the Colonies but not, so far as we know, the
Political Resident A senior ranking political representative (equivalent to a Consul General) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Residency. , have since been informed in secret telegram
No.122 of the 26th November that Belgian currency had become very
difficult and that imports from the Belgian Monetary Area should be
treated as equivalent to dollar imports. We have also seen
further general guidance given to the Colonies on import licensing
in secret circular telegram s No.154 of the 24th December and No.155
of the 26th December b ut we are not clear how far the information
contained in those telegrams (especially that relating to non
discrimination), if repeated verbatim to the Political Resident A senior ranking political representative (equivalent to a Consul General) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Residency. ,
would be applicable or of assistance to him. In general, however,
I would suggest that, if no comprehensive up to date information is
available in a form suitable for the Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. Resident, he
should be furnished with as much background as is readily available
and authorised to use his discretion. At the same time it might . !
be as well to ask the Political Resident A senior ranking political representative (equivalent to a Consul General) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Residency. to furnish estimates of
future dollar expenditure for each of the Sheikhdoms similar to
those obtained recently from the Colonies and used as the basis for
fixing ceilings for Colonial dollar expenditure.
P.T.O