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CONFIDENTIAL

References:

A.

Paris telno 184

B.

Paris telno 248

C.

Paris telno 414

D.

Paris telno 447

Background

1.

The French took an early initiative in 1988 over assurances for

key people in French firms (mainly banks) in Hong Kong by granting

about 80 of them citizenship. In addition the French Government are

introducing a scheme to give a form of laissez passez to allow about a further 1000-1500 employees of French companies in Hong Kong the right to go to France providing their company will continue to employ them there. The French have already put this scheme to the

firms concerned.

2.

The objective of both is to persuade these key personnel to

remain in Hong Kong, exactly what we have been seeking with the

lobbying exercise and of course the aim of the British Nationality

(Hong Kong) Bill.

3. Although the French took the initiative over this prior to our

representations, it would still be appropriate to thank them for

what they are doing, especially as it has not found favour with the

Chinese.

TOYAFE

CONFIDENTIAL

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