CONFIDENTIAL

DRAFT SPEECH BY THE PRIME MINISTER IN HONG KONG: 20 DECEMBER

1. It is a great pleasure to be able to address you. Over

the past two years I had had the opportunity of seeing many of you on a number of occasions. We have come to know each

other, and I feel that tonight I am among old friends.

2.

Yesterday in Peing Premier Zhao Ziyang and I signed the Sino-British Joint Declaration on Hong Kong. It is fitting

that this.historically significant document should have been signed by two Prime Ministers. Those signatures testify to

the total commitment at the highest level of our two

Governments to the implementation of the agreement.

3.

Throughout the negotiations my first concern was the future well being of Hong Kong and her people. Britain has been responsible for Hong Kong for nearly 150 years. The

growth of Hong Kong in the post-war years, its economic

success even in difficult times, have been due above all to

the remarkable talents and energy of the people who live

there. But it has been British administration which has provided the framework within which Hong Kong people were able to develop those talents and energy to the full. We

have provided a responsive and responsible Government,

subject to the rule of law. Whatever the historical circumstances in which the association between Hong Kong and

CONFIDENTIAL

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