SECRETARY OF STATE'S SPEECH IN MALAYSIA

Britain Today

Reference to Dr Mahathir's visit.

Economic revival of Britain.

Control of public expenditure.

Restraint on inflation.

- Privatisation and encouragement of entrepreneurial spirit.

-

Falling unemployment.

- Increased efficiency and competitiveness of manufacturing

industry; technology advances.

Expansion of services sector.

Educational reform.

Contribution to Malaysia:

-

Schroders advising on privatisation.

Biwater (rural water supply project).

Developments in high technology.

Educational links.

SOUTH EAST ASIAN DEPARTMENT

DECEMBER 1987

PH2AIN

RESTRICTED

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