JAJALB

POINTS TO MAKE

1.

Svi

CONFIDENTIAL

32

Glad that

following

4V. Paos call Mr Tebbut

kcom. Secretary at the Treamy. 20.9.

Enter and

pa. JV 2019

signing of the

Sino-British Agreement confidence has returned to

the Hong Kong economy. Recent difficulties appear

to be only

only temporary setbacks. Long term outlook

remains good. Your takeover

group

of

the Wheelock Marden

in Hong Kong a helpful expression of

confidence in the future. Grateful for your efforts

in connection with the Ningbo steel mill project,

and for the assistance you have given to Davy

MacKee.

2.

Next meeting of Joint Liaison Group to be held

in Peking in November. Understand initial meeting

in London successful. Basic Law drafting for the

Chinese. But important to get Basic Law right and glad therefore there is Hong Kong representation on

Drafting Committee.

CONSTITUTIONAL DEVELOPMENT (DEFENSIVE)

3.

to

The Hong Kong Government (HKG) is fully

conscious of the need to avoid an y threat

stability. Thus have been moving very circumspectly

and sought to build on existing institutions, which

have served Hong Kong well, maintaining as far as

possible

including

their

well-established

past

practice

features

of

government

by

consensus.

HKG will continue to bear these

requirements in mind in preparation for 1987 review.

These moves entirely consistent with the principle

of Hong Kong people governing Hong Kong. Also fully

consistent with Annex I of the agreement.

4.

CONFIDENTIAL

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THIS IS A COPY

THE ORIGINAL HAS BEEN CLOSED FOR

84 YEARS UNDER FOI

EXEMPTION No....40

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