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(Draft text for inclusion in Communique)

ANNEX A

"Heads of Government stressed the importance of Hong Kong's continued success as an international trading and financial centre. They welcomed the reaffirmation by China and Britain of their commitment to the full implementation of

the Sino-British Joint Declaration on the future of

Hong Kong, the success of which was vital to the maintenance

of international confidence in Hong Kong".

POPAKK/5

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