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SECRETARY OF STATE'S SPEECH IN FOREIGN AFFAIRS DEBATE:

HONG KONG

On 26 September British and Chinese negotiators initialled a

draft agreement on the future of Hong Kong. The people of Hong Kong have been invited to give their views on this agreement, and an

Assessment Office has been established to receive and collate those

views. The report of this office together with that of the

independent monitoring team will be laid before the House, and I

know that members will want to study them carefully before we debate

the draft agreement.

The draft agreement represents, as many members from both sides

of this House have been kind enough to say, a considerable

achievement for British diplomacy. In the course of two years

arduous negotiation we believe we have secured satisfactory

guarantees for the future stability and prosperity of Hong Kong.

The Joint Declaration and annexes constitute a formal international

agreement, legally binding in all its parts. It is the highest form

of commitment that can be given by one sovereign state to another.

It is an agreement which the Government can strongly commend to

the people of Hong Kong and to Parliament. It provides the

necessary assurances about Hong Kong's future to maintain the

confidence that is Hong Kong's life blood.

As I have made clear the House will have an early opportunity

to debate this matter.

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