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3

PAGE 6 OF 8.

7.

These

investments

are, however, being made on the

basis of the necessary traffic rights being in place in

Hong Kong before 1997, a smooth transition in 1997 and the

maintenance of the status of Hong Kong as a centre of

international and regional

aviation after 1997 in

of The Basic Law. The

in the conclusion of Hong

accordance with the provisions slowdown during the past year Kong's Air Services Agreements is therefore of deep concern in this respect.

RECEIVED FROM 2 5 810 4893

08.31 1990 07:07

P. 6

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