CLOSING PASSAGE

(Zhao),

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We face reality kan

the leas

over 92% of the Territory expires in

1997

L

Let me attempt to sum up. We realise that the unique circumstances of Hong Kong require imaginative solutions. The territory is home to a highly individual community, which has evolved its own

institutions and its own distinctive lifestyle. It has built for

indeel, we see rotas a success in ecamy естлиц itself a special place in the world. We want to see the essence of all this endure↓ We see our good relations with China and our

common interest in Hong Kong's stable future as a basis on which to

build the continuity of a society in order to provide a secure home

for more than five million people and a major centre serving the world economy. We intend to negotiate strongly and realistically to

ensure that Hong Kong will retain its essential characteristics as a free and dynamic community.

Our complex and difficult negotiations with the Chinese Government

continue. Although a good deal of progress has been made we are still some way from an agreement. A number of important points

still have to be resolved. But I believe that on both sides there

is a will and a commitment to overcome the remaining obstacles and to achieve an agreement.

develop into

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Terms

It

As we continue the negotiations the hopes and anxieties of the Hong

Kong people are uppermost in our minds. Consultation with the Hong

Kong people in which I have been glad to play a part through my two recent visits to the territory has been underway from the very beginning. It will culminate in the arrangements which we shall

make to assess Hong Kong views on the text of a draft agreement.

see h remains our firm position that any agreement must be acceptable not only to the British and Chinese governments, but also to the people

of Hong Kong. While we understand and sympathise with the anxieties which the Hong Kong people feel, we hope they will also be able to look ahead in a spirit of constructive realism. Already the

day-to-day life of Hong Kong is largely in their hands. The more imaginatively they can build on the high degree of autonomy that they already possess and Her Majesty's Government and the HKG plan

the more confidence they will have to face

-

to assist them in this

the future.

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