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4. AS I SEE IT IN THE COMMON HARKET HONG KONG'S INTERESTS ARE NOT CHOOSED TO DRITAIN'S. *I WOULD NOT OF COURSE PRETEND THEY ARE IDENTICAL IN EVERY DETAIL. BUT I THINK WE DO AGREE ON THE BASIC PRINCIPLES
THAT SHOULD GOVERN WORLD TRADE.
5. NOW A MOTO ABOUT CHINA. HONG Kс IS ACUTELY AWARE OF WHAT CORS ON IN CHINA, HONG KONG HAS A UNIQUE TALENT FOR PLAYING A ROLE THAT
OFFERS BENEFIT TO ALL AND HARP TO NONE.
C. FOD PY PART I VELCOME UNRESERVEDLY THE SEATING OF THE PEOPLES' PEPUBLIC OF CHINA IN THE UN, THE UNITED KINGDOM WAS THE FIRST WON- COMMUNIST GOVERNMENT TO RECOGNISE IT, AND WE HAVE FOR LONG BELIEVED THAT THE FACTS OF INTERNATIONAL LIFE REQUIRED THAT SHE SHOULD TAKE HER RIGHTFUL PLACE IN THE SECURITY COUNCIL AND THE ASSEMBLY,
THE MAJOR OBSTACLE HAS SEEN THE GUNTY BETWEEN THE AMERICAN
GOVERNMENT AND THAT IN PEKING AND I APPLAUD EQUALLY PRESIDENT
MIXON'S BOLD INITIATIVE TO END IT AND THE WISDOM OF THE CHINESE
PEOPLES' COVERNMENT IN ACCEPTING IT.
7. LET ME SAY THAT THESE DEVELOPMENTS ARE NOT RELATED IN ANY WAY TO THE STATUS OR FUTURE OF HONG KONG, ON THE CONTRARY YOU HAVE EVERY REASON TO BE THANKFUL FOR THE ENDING OF AN INJUSTICE AND AN ANOMALY WHICH WAS A MAJOR SOURCE OF FRICTION AND MISUNDERSTANDING IN THE WORLD, AND IN PARTICULAR IN THIS AREA.
a. I WOULD LIKE TO SAY HOW GLAD I AM THAT SINO-BRITISH RELATIONS HAVE STEADILY IMPROVED IN RECENT YEARS, AND THAT THEY ARE NOW ONCE MORE ON A CORRECT AND SATISFACTORY FOOTING. BOTH COUNTRIES HAVE MUCH TO OFFER SACH OTHER IN TRADE AND CULTURE. I AM SURE THAT YOU WILL
ALL JOIN WITH ME IN WISHING MR. ADDIS, OUR NEW CHARGE D'AFFAIRES,
EVERY SUCCESS IN HIS MISSION.
2. AND NOW A WORD ARCUT TRADE, IT WAS A GREAT RELIEF TO
ME THAT IT WAS POSSIBLE TOACHEVE SO QUICKLY
THE REALIGIPTENT OF PARITIES OF THE MAJOR
INTERNATIONAL CURRENCIES. THIS WAS EHONTOUSLY TO HONG KONG'S
AND HIDEED EVERYONE'S ADVANTAGE. WITH EVERY WEEK THAT THE CONFUSION OF EXCHANGE RATES CONTINUED, THE BLIGHT OF PROTECTIONIS SERVED TO THREATEN MORE CLOSELY THE CONTINUED EXPANSION OF WORLD TRADE.
IT HAS BEEN CN THIS EXPANSIC THAT HONG KONG'S SUCCESS HAR BEEN BUILT, AS WELL AS ON THE SKILL AND ENTERPRISE OF ITS PEOPLE. BUT NOW THE AMERICAN SURCHARGE IS DEVOVED AND THE
FUTURE IS BRICUTER,
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