SECURITY CLASSIFICATION]

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Confidential

DRAFT:

FRCM:

minute/letter/teleletter/despatch/note

Private Secretary

DEPARTMENT:

TO:

C D Powell, Esq

10 Downing Street

TEL. NO:

TYPE: Draft/Final 1+

Reference

KLSAAE

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PRIVACY MARKING

...In Confidence

SUBJECT:

HONG KONG BUSINESSMEN/RESETTLEMENT OF VIETNAMESE BOAT

PEOPLE

CAVEAT.......

The Foreign Secretary has seen Philip Mawer's

letter to you of 16 December answering the Prime

Minister's further questions about ways of attracting

Hong Kong business talent to the United Kingdom.

Enclosures-flag(s)....

Sir Geoffrey Howe fully endorses the approach

underlying this further letter. He believes that it

strikes the right balance. On the one hand we wish to

use all the flexibility offered within the existing

statutory framework to welcome people from Hong Kong with

funds for investment or with entrepreneurial skills, and

to make known discreetly our readiness to do so. On the

other hand we do not want to put in doubt either our

overall immigration policy or our commitment to Hong

Kong. Sir Geoffrey Howe supports the Home Secretary's

suggestion that our advice to selected individuals

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