with elections to the Legislative Council in 1997 which will satisfy Hong Kong's aspiration for democracy and which will endure after 1997. I hope, after further discussion, to be able to announce a decision within the
next few weeks.
Mr Speaker, Hong Kong is the economic success story of a
region which boasts several economic miracles.
As you look across the border into China you see that the economic success has spread to the neighbouring province of the mainland. China is Hong Kong's largest trading partner. Hong Kong is also one of Britain's biggest markets in the region.
All that could continue after 1997 or it could be lost.
The future of 5.million people after 1997 depends on three things: first the talent and energy of Hong Kong's own people. They are not in doubt. Second, the attitude
of the Chinese Government. There is much more which they need to do to reassure Hong Kong. But dialogue has been re-established and we shall do our part to sustain it. Thirdly, Hong Kong's future success depends on Britain the responsible power.
After last June, this House rightly voiced its support
for Hong Kong. That has to mean more than words. The
people of Hong Kong are realists. For example, they accept reluctantly that we cannot give passports to all.
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They look to us over the coming years to take the necessary decisions as the sovereign power and to follow an active and understanding policy towards Hong Kong. hope I convinced them that we would do so.
I