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FM HONG KONG
TO PRIORITY FCO
TELNO 349
OF 26060OZ JANUARY 90
20FEB 1990
DESK OFFKOBR
INDEX
KONG
INFO ROUTINE BTC HONG KONG
INFO ROUTINE HONG KONG GOVERNMENT OFFICE LONDON
054414 MDLIAN 3360
2
MY TELNO 333: UK/HK JOINT FUNDING SCHEME
1. TWO POINTS NEED TO BE ADDED TO TUR:
(I) A CONTINUING FLOW OF HONG KONG STUDENTS GOING TO THE UK FOR TERTIARY EDUCATION IS ONE OF THE BEST MEANS OF BUILDING UP LONG TERM LINKS WITH THE TERRITORY STRETCHING WAY BEYOND 1997. THERE IS A DISTINCT UK ADVANTAGE IN THIS IN TERMS OF POLITICAL TRADE AND ECONOMIC ADVANTAGE WHICH GOES WELL BEYOND THE RATHER AMORPHOUS
CONCEPT OF PROJECTING A FAVOURABLE UK IMAGE IN HONG KONG.
(II) INFLATION HAS INEVITABLY ERODED THE VALUE OF THE SUMS ORIGINALLY COMMITTED TO THIS PROJECT BY BOTH HMG AND THE HKG. WHAT EXCO WAS SUGGESTING WAS AN INCREASE IN THE SUMS COMMITTED TO COVER
INFLATION. THIS SEEMS REASONABLE.
2. I SHOULD BE GRATEFUL IF YOU COULD LOOK AT THE PROPOSAL IN TUR WITH THESE POINTS IN MIND. I KNOW THAT MINISTERS ATTACH GREAT
IMPORTANCE TO PROMOTING LONG TERM UK TRADE LINKS WITH HONG KONG. THIS IS ONE PRACTICAL WAY OF DOING SO. WE WILL MATCH WHATEVER HMG
CAN DO.
WILSON
YYYY
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MR Y K SO,
(STUDENT ADVISER, HKGO LONDON)
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