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PRESS CONFERENCE GIVEN BY THE PRIME MINISTER,

MRS. THATCHER, IN HONG KONG, ON FRIDAY,

DECEMBER 21, 1984

PRIME MINISTER

This Press Conference is my last public engagement

in Hong Kong before I fly home for Christmas - the long way

round this time, in order to see President Reagan.

As you know, I have just been in Peking and my

purpose in going was to sign the Joint Declaration on the

future of Hong Kong and to talk personally with Chinese

leaders both about Hong Kong and about the key issues of

world affairs.

It is

I said in Peking that the Agreement we have signed

with China about Hong Kong is an historic document.

indeed. It is the culmination of two years' long and often

hard negotiation, and it is the beginning of a new period in

Hong Kong's history.

The first point I wish to make about this Agreement

is that it assures the continuation of Hong Kong as a free

trading capitalist society for a very long time to come

into the middle of the next century. This means that Hong

I believe Chairman Kong can plan long-term with confidence.

Deng intends his bold concept of one country-two systems to

last.

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