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HKB 0263
RECEIVED IN
0 8 FEB 1990
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DESK
FM HONG KONG
INDEX
TO DESKBY 12110OZ FCO
TELNO 155
OF 120955Z JANUARY 90
CEF
Ken
71
010407
MDHIAN 2250
TOP COPY
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a
INFO IMMEDIATE BTC HONG KONG, UKREP JLG HONG KONG
VISIT OF SECRETARY OF STATE TO HONG KONG : SPEECH
1. YOUR TELNO 99 OF 11 JANUARY.
2. FOLLOWING IS A SHORT DRAFT PARAGRAPH ABOUT THE TWO CHAMBERS OF COMMERCE FOR INCLUSION AT THE BEGINNING OF THE DRAFT SPEECH.
BEGINS
THE HONG KONG GENERAL CHAMBER OF COMMERCE IS THE OLDEST INTERNATIONALLY RECOGNISED TRADE ASSOCIATION IN HONG KONG. SINCE ITS ESTABLISHMENT IN 1961 THE CHAMBER, WHICH NOW HAS SOME 2,700 MEMBER COMPANIES, HAS MADE A SIGNIFICANT CONTRIBUTION TO THE EXTRAORDINARY GROWTH IN THE ECONOMY THAT THE TERRITORY HAS EXPERIENCED OVER THE INTERVENING YEARS. THE BRITISH CHAMBER OF COMMERCE IN HONG KONG IS, BY CONTRAST, ONE OF THE YOUNGEST BODIES BEING JUST THREE YEARS OLD AND WITH SOMEWHAT FEWER MEMBERS. NONETHELESS IN THAT SHORT TIME IT HAS DEMONSTRATED ITS VIGOUR AND SENSE OF PURPOSE. I AM CONFIDENT THAT IN THE YEARS TO COME BOTH CHAMBERS WILL PLAY A MAJOR ROLE IN FURTHER DEVELOPING HONG KONG'S TRADE WITH THE REST OF THE WORLD''
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