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23. Mr Blaker suggested that Hong Kong should go up market and increase the value of its textile exports within existing volume restrictions.

24. Mr Blaker described the overall economic objectives of the British Government.

25. Mr Blaker concluded by saying that he had noted Mr Cheung's point about visiting MPs spending more time with the Urban Council.

DISTRIBUTION

PS/Mr Blaker Mr Cortazzi

Mr Murray

Mr MacLaren, HKGD

HE The Governor of Hong Kong

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